i know it is down there, page-23

phew~~~

then say.. for example,
if someone has 100,000 GDN @ 75c and sells 50k @ 1.50 when the sp peaks after the leadville find.

he'll be liable for 50% CGT on 75c x 50k = $37500.

definitely the CGT is one thing to consider.

and what about the full potential? i mean as someone said if they find oil & major gas, the up side is so huge. $37?? ;-)

are you guys gonna sell half of your holding at $1.50 to collect the original investment even though the up side is as high as $37? or wait for the flow test etc?

and what if sp hits over $10? are you gonna sell half and pay the full CGT? or wait for a year to get the exemption?

I know we don't need to worry about $1.50 ~37 at the moment. if there's someone who thinks it's just a ramping, then take it as a general question regarding the trading plan and CGT.