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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: jackjc who wrote (44913)7/15/2007 4:48:50 PM
From: E. Charters  Read Replies (1) | Respond to of 78408
 
Buy the whole company as a CDN subsidiary and hire Asians to run it. You can get it arranged so that taxation paid only once, as there are taxation agreements between the countries.

I am not sure it is cheaper to operate in Canada, energy wise or labour wise. I am not sure what you pay miners in the states, but in Canada, you have to sell your mansion and hire out your offspring as slaves to get a long hole driller to show up drunk. 6 months training and they make 50 dollars an hour and lots of mistakes. If I told miners I would pay them 25 dollars an hour they would laugh at me. If told them I was not going to pay a bonus they would throw sharp rocks at me. In 1980 we used to pay gold miners 12 dollars an hour and they made about 13 dollars bonus per hour. In 1977 as a miner I made about 8.95 an hour and perhaps 23 dollars bonus per day. Almost a 100 dollars per day.

I know some engineers who want $20,000 a month. Most geologists ask for 400 dollars a day. I don't think we need to pay that, but it will be expensive to get technical help. They just don't exist anymore.

Maybe TD Greenline has CDN stocks in US accounts. But the accounts are in CDN dollars aren't they?

EC:<-}



To: jackjc who wrote (44913)7/15/2007 5:34:19 PM
From: koan  Read Replies (1) | Respond to of 78408
 
One can buy Canadian big cap companies which we know will have long term lasting strength like utilities, oil sands, natural gas, etc.

I tell my Americna friends with large American stock portfolios to hedge their portfolios's by putting 5% into large cap gold companies and after that split some money between the above Canadian companies, or just put it in a Canadain bank, or Canadain real estate.

Canada will do real fine with all of its natural resources and sophisticated culture and small national debt. You are running surpluses aren't you?



To: jackjc who wrote (44913)7/16/2007 12:32:35 AM
From: Proud Deplorable  Read Replies (2) | Respond to of 78408
 
"BUT holding C$ in a Canadian account requires reporting a foreign account on US tax form if over $10k,"

In a financial collapse who cares about these stupid rules?
Americans.......RUN and get your money out as fast as you can and stop worrying about breaking stupid tax laws made by crooked politicians who don't obey the law themselves. Be like them, don't be fools any longer.

escapeartist.com

offshore-bank-accounts-private-business-online-offshore-banking.offshore-companies.co.uk

offshore-bank-accounts-private-business-online-offshore-banking.offshore-companies.co.uk



To: jackjc who wrote (44913)7/16/2007 8:35:28 AM
From: TheBusDriver  Read Replies (1) | Respond to of 78408
 
>BUT holding C$ in a Canadian account requires reporting a foreign account on US tax form if over $10k,
with a checkoff of 10k-100k, 100k-1M, over 1M. That might bother some

Not sure you are right here jack. I have to report all income over $1....the IRS does not seem that interested in the size of my foriegn bank account...never has....they just want me to pay tax on any income I get from it.....

Wayne