St. Elias Mines

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Re: Drilling soon

St. Elias Mines

about 13 years ago

in response to colder's message

Another thing to consider is how many shares are held by investors in the US or other tax jurisdictions. Their tax rates on dividends would probably be a lot higher than than if they had a straight capital gain. Since SLI management have been promoting the company world wide, that would have an impact on how the sell out would be effected.

I think the best would be to roll all the other properties into a spin off company and sell SLI for a capital gain. Just my opinion.

Ismore