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

To: Claude Cormier who wrote (187)	3/23/2000 1:10:00 PM
From: Pied Piper	Read Replies (1) \| Respond to of 4051

OT:Public v. Private companies. I did some more delving into this one. First of all, since capital gains is a federal tax, it doesn't matter what the province defines as public or private (unless Quebec has it's own capital gains tax), only how the Feds define it. I, reluctantly, went to Revenue Canada's website and found the appropriate definition. There are three conditions for a corporation to be deemed a Canadian-controlled private corporation. The first two have to do with whether it is controlled by residents (no problem for Romios). The key condition states that the corporation is other than a corporation that "has a class of shares listed on a prescribed stock exchange". I could not find a definition of "prescribed stock exchange" but I assume CDN is not one of these. Anyway, it's worth checking if you hold unlisted shares. Piper

To: Claude Cormier who wrote (187)	3/23/2000 1:18:00 PM
From: Ptaskmaster	Read Replies (3) \| Respond to of 4051

Perhaps Pan American Silver would like to diversify into Russian gold mining?- Russia's Lanta-Bank seeks foreign investment in gold projects Moscow--Mar 22--Lanta-bank, one of Russia's leading operators on the domestic gold market, is seeking foreign investment for its gold projects, Chairman of the board Sergei Dokuchayev said. He said the geological reserves of gold belonging to the Lanta group amounted to 19.5 million ounces, while the development was being carried out at the deposits with 5.5-million ounces of estimated gold reserves. (Story .17013) crbindex.com Ptask