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Gold/Mining/Energy : XVNvestors Forum -- Ignore unavailable to you. Want to Upgrade?


To: Jim Merz who wrote (4414)11/13/1999 8:13:00 PM
From: Montana Wildhack  Read Replies (1) | Respond to of 4742
 
Jim,

There are tax implications in the sense of foreign
content. A stock trading on a US exchange only I
believe would be deemed to be a foreign stock and
subject to the 20% foreign content ruling.

If your concerned about this and want to hold the
XVN to DVDT shares long term - I would consider
trading out the shares now (swap the shares out
at the $.05 and trade in the equivelant cash).

I understand that can be done without counting as
using up your RSP contribution eligibility; but,
I've never done this before. I recommend asking
your broker or a broker affiliated with your own
bank. Your branch probably won't know this.

Incidentally, has this write up by an analyst been
posted here for DVDT?

It projects $6 in one year and $20 in two.

siliconinvestor.com

If DVDT at $6 US traded for whatever multiple we get
presents a 20% limit problem, I would transfer them
out at this cheap valuation.

Taking out the cash from RSP has a very different
tax treatment from capital gains tax outside of your
rsp.