Agoracom: Small Cap Investment - Noront Resources - Re: thanks crazydik

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Notie Girl

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Re: thanks crazydik - Hoov

in response to

Re: thanks crazydik - Hoov

crazydik

posted on Feb 17, 2009 08:58PM

On a completely selfish note, as I have waited on the TSFA until now, I intend to transfer some of my NOT holdings at this lovely reduced valuation. I then intend to giggle like an insane person when the we have lift off.

Crazydik,

Not sure if you know this but, if you transfer shares with an average cost base greater than the current price into a TFSA you will create a superficial loss on the deemed disposition which you will never be able to use. Better to buy new shares with cash to put into your TFSA.