Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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Message: Re: Timing on Purchase
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Nov 30, 2011 07:15AM

the timing is right for an end of year purchase which will have significant tax benefits as well as a great way to reduce profits on paper with this Capitol cost expenditure.

For a huge company like Teck would the Tax benefits be greater by spending on a buyout at the end of the year or early next year? Or would their quarterly reporting of income nullify the benefit of both scenarios?? I'm not a tax expert. But if somebody could clarify the tax implications....

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