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To: Tidal Pool who wrote (4547)	10/13/2015 6:42:41 PM
From: the Chief	Respond to of 22811

Option is 60c, he exercises and sells for $1.10 The difference is 50c does he not pay a fixed "capital gain" of 40% on the difference?

To: Tidal Pool who wrote (4547)	10/13/2015 9:30:35 PM
From: stuffbug	Respond to of 22811

Nice try, you clowns are clueless - top marginal tax rate in Ontario for 2015 is approximately 50%. So it doesn't matter what his income was. He made just shy of $80,000 profit on the exercise of the options. 50% x $80,000 = $40,000 Looks like he has at least $10,000 in his jeans for a nice vacation next winter. All the clowns who recommended your post are just as clueless. You guys don't know metallurgy, don't know mining, don't know financial statements, don't know taxes, .......................