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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Cogito Ergo Sum who wrote (30219)4/10/2003 11:03:33 AM
From: isopatch  Read Replies (1) | Respond to of 36161
 
K. Depletion allowance gives US holders nice deductions

on the CanRoys.

Because of the short reserve life, most of that humongous income is tax deferred until you sell the position. Even then the recapture provision is less onerous than a fully taxable income play.

These critters are a nice investment from every perspective.

Iso