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Gold/Mining/Energy : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (182)	3/22/2000 5:48:00 PM
From: Pied Piper	Read Replies (1) \| Respond to of 4051

OT:Capital gains exemption for Canadian QSBC corporations. I have posted a couple of times on this thread about RGRI:CDN Unlisted. I have just discovered a great bit of information, which should save me a pile of tax, provided the stock goes to where I think it will. Although the general (Canadian) capital gains exemption is long gone, I just found out that my RGRI shares will be capital gains free! There still exists a $500,000 exemption for a private QSBC (Qualified Small Business Corporation). Romios is a QSBC (according to the president of the company) and is also considered private since it trades on CDN and not on the major exchanges. The only other qualification is that the shares be held for at least two years. I've had mine since October 1996 and don't plan on selling for some time. Anybody else have sources of information on QSBCs? I would like to know for future investment purposes. Piper

To: Claude Cormier who wrote (182)	3/22/2000 6:09:00 PM
From: Gord Bolton	Respond to of 4051

Action on MGJ.V Major General Resources. The offers started hitting the bid at about noon with Cannacord leading the charge. Ended the day .20 X .21 +.05 or 33%. Drilling program has been underway on Depinassy in Quebec for about 5 months in JV with Cameco. I heard that the program budget has been recently doubled. The zone of interest has been traced over 5 kilometers. They had significant intersections during the program last year. MGJ has $3.5 million in the kitty and numerous other properties including a large stake on Victoria Island where JV partners are exploring for diamonds. Also a promising base metal property in Ontario in JV with Atna who are evaluating drill targets. majorgeneral.com