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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Wyätt Gwyön who wrote (83233)	4/18/2007 9:25:38 PM
From: Sweet Ol	Read Replies (2) \| Respond to of 206326

I have a lot of SJT and HGT and the K-1's are no big deal. To take full advantage of the depletion allowance it gets more complicated. I have quit trading them because it is much easier for the CPA if you hold the same number of shares all year. Although I am a trader by nature, the NGRT's are LTBH because of the accounting issues and because they have done very well over a period of years. I have enough of them that the divvies plus my SSA pays our living expenses and I can sleep well at night when my trades are not always going well<ggg>. Best to all, JRH P.S. Just for grins, this year I tried figuring the depletion on my own and used TurboTax to test my CPA. I was close enough on that to think about doing it myself next year to save on accounting costs. But I am probably too lazy and would rather do something else with my time.