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Gold/Mining/Energy : Barrick Gold (ABX) -- Ignore unavailable to you. Want to Upgrade?

To: nickel61 who wrote (2202)	3/28/2002 9:24:25 AM
From: Enigma	Read Replies (1) \| Respond to of 3558

Ah well Nickle - where ignorance is bliss tis folly to be wise? In Canada people sell immediately on exercising options - or usually do so - because the gain is taxed as income. The tax rules may have changed, there was a proposal to do so, but traditionally people exercise and sell immediately - the press are as ignorant as you and report massive earnings of executives and in this figure always include the taxable benefit from exercised options.