Syrah Resources is currently trading around A$4.70, which places a value of $54.1 million on the 11 million shares held by Copper strike. The pre taxation value per Copper Strike share is A50.7 cents.
let me tell you a story .. two gold bugs brought gold plenty of it...one traded out made a good profit ..paid capital gains on it....the other said I AM NOT A TRADER BUT LONG TERM INVESTOR. ...took his gold to the bank and borrowed money to build his house,claimed the interest as a tax deduction....eventually ended up with most of his gold ...sold at a higher price no capital gain tax as he was not a trader...also kept his house.
There is more than one way to skin a cat.
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