I have mentioned some of the opportunities of the TFSA to some here.

The problem comes when you go to exercise these wts within an RRSP or TFSA. Here's how you accomplish this.

I deposited my SGR wts some time ago when SGR was sub $2.00 This was done at a deemed value of $1.00

Today the black shoals value was deamed .388 / wt Thus $9700 from a $1.00 investment.

In order to exercise these wts one has to have the cash within the TFSA as you cannot short sell to exercise, but you can do an equity swap from your cash account.... The exersise of the wts being done outside of the Cash account, but providing a large portion of the profit within the TFSA and rising the ACB in the Cash accout to $2.388 which means a lower Capital gain when sold.

Just trying to share some tax saving tips to the clan.

Have a great day!