Laughable article to the point of driving me to tears:
<“I’m here to raise the alarm that the Liberal government is looking to get rid of the
mineral exploration tax credit and the flow-through shares for mining and mineral
investments,” she told The Star. “This is a huge concern for the mineral and mining
sector, because (the flow-through shares) constitute 60 per cent of how they raise
their money. So in 2014, in a $54 billion industry, 90 per cent of the money that was
raised by junior mining companies was raised by flow-through shares.>
I am against any privielge to anyone regarding investing. It should be equal terms for
all investors institutional or small. If this feature was eliminated imho financing
would still occur but it would be more fair, particularly to those like me who are not
connected or in the know.
"Ambrose said if the Liberals proceed, there will be much less investment into mining
and mineral exploration."
This article presents the idea that if flow throughs were eliminated most financings
would disappear. That is a false notion. Shame. I as an investor look for opportunities
and when I see one there are no bounds.
"The hope is we find another Sudbury'
Good Morning, Wake up call, it was found. how come you do not recognize it? Where were you when Harper was in Ottawa, did you speak to him with the same voice? Harper did not stifle exploration and development? Hallo, anyone there?
This is not about flow through shares but about finding an Achiles's heel on which to
sock it to an opposite party. I happen to think there is no heel, just a made up one.
Politically motivated articles are just what they appear, full of exaggerations.
A half brick when thrown travels further then a whole one, so it is with half truths
and half lies. They are harder to recognize for what they are.