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Gold/Mining/Energy : New Gold, Inc. (NGLD-Nasdaq bb)

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To: John M. Allen who wrote (29)8/23/1997 11:27:00 PM
From: The Barracudaâ„¢   of 46
Hello John:

I don't know what you tax loss is on the Warehouse but if it's large enough, it would pay to do this. Also, the shares are dead right now you might be able to get them cheaper (or maybe not) later.

The tax side if you have a $10,000 loss and it's short term this would yield about $3300 in tax savings. If you wanted to own 1000 shares of ngld at 1.25 the cost would be $1250. So by my math $3300 - $1250=$2050

Something to think about.

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