TYHEE GOLD CORP

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Message: Re: 38,000 shares at 13 cents bascially fills up your TFSA - Canadians

I don't recommend trading Juniors, personally. They're not liquid enough if you get caught in a bearish move down, and need to get out. Stick with guys like Yamana, Silver Wheaton, things like that. I trade them in my Roth, which has no tax consequences, and it's a dandy way to pile up gains without having to lose a piece to taxes.

Also, on the way up, juniors also run out of buyers. Liquidity exhaustion creates a lot of slippage.

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Jan 29, 2009 09:01AM
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