henry tax reform, page-8

Ultimately by rebating the royalties this amounts to taxes increasing from around 43% to 57%. Not 40% more on top of the current taxes/royalties. Still it is an increase.

ALl resource stocks have a target on thewir head todfay for hedhe funds to short. The mid tier and big guns will get hit hardest. MEO - not sure as we are still exploration focused. None the less I see us bing hit. DOW down as well.


PUT IN THE BBOTTOM DRAW!!!!!!
Do not panic.


Come mid June we will be lifting back up.
Big boys love the sp to climb so fats and drop so fast. Only way to make BIG money.

So expect the drop to continue and then a big up. Does not matter if many current holders sell into the rsies. If the big boys want it to go much higher they will let it - just to suck newies in before another crash!