Heck your future capital gains (if you hang on for 12 months) will be more than enough to offset any CGT.
Some of you guys are unreal........
One minute you worry about the share going down and then at the same time you worry about the tax you might have to pay.
The time horizons in todays world have become so short.
I'm still buying and will continue to as funds become available.
As I've said before.........we are witnessing the birth of a mid-tier oil and gas producer that in my opinion will (once the land deal settles) be in a wonderful position.
Cashed up........no debt......producing assets.......and royalties to flow......Now how good is that?
IMHO........the bigger the tax problem...... the bigger the money you have made.
Cheers
SSN Price at posting:
7.1¢ Sentiment: Buy Disclosure: Held