St. Elias Mines

Welcome To the St. Elias Mines HUB On AGORACOM Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company

There has been talk on the forum of how shareholders might be paid in the event of a sale of the Tesoro property. Most of the posters on the forum seem to be Canadians. I am wondering if there is anyone here from the U.S. who would know anything about the tax ramifications for U.S. citizens based on various buy out scenarios - dividend versus royalty versus stock purchase. A million bucks can be diminished in a big hurry depending on tax rates. (I have heard this discussed on the forum to an extent but only from a Canadian perspective.)

Please login to post a reply
iced
City
Coal City, Indiana
Rank
Treasurer
Activity Points
873
Rating
Your Rating
Date Joined
07/13/2011
Social Links
Private Message
St. Elias Mines
Symbol
SLI
Exchange
TSX-V
Shares
130.4 M (FD) : Nov 29, 2011
Industry
Metals & Minerals
Create a Post