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Goldcorp Inc. Message Board

  • mac_happy_70 mac_happy_70 Aug 15, 2005 8:39 AM Flag

    ooops forgot about the taxes, DID U

    but i have no answer as to when the tax provision kicks in at the alumbrera. so hell does it really matter. just hold this stock if you are not adept at trading. wish i would have followed this advice. i must not be as adept as i perceive myself to be. but a 3.00 down could well be in the cards by mid sept.
    long term gg is a strong buy.

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    • Lol, I commented on Alumbrera but forgot the "trading" comment ...

      "i must not be as adept as i perceive myself to be."

      Don't be too hard on yourself ... if you remember, we both made our WHT money when it settled into a trading range, not on the initial run ...

      I have taken small profits here and there trading the GG warrants over the past 4 months but would have made more by holding ... but that is not a negative since "near term trading" is my nature ... but when GG gets into a range and the long term holders just tread water for 2 years, then the range traders like us more than make up and surpass the long term holders ...

      Patience, little grasshopper ...

      jc

    • " i have no answer as to when the tax provision kicks in at the alumbrera."

      The financials put out by Xstrata last week indicate that Alumbrera is paying taxes ... they also indicated that the State owner of the property, YAMD, has started taking their 20% of pre-tax earnings ...

      jc

 
GG
17.67+0.59(+3.34%)Dec 24 1:02 PMEST

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