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CEO.CA members discuss high-risk penny stocks which can lose their entire value. Only risk what you can afford to lose.
@Brendan@starfire I am one of those people I guess. if you want to understand I can explain I guess but I think it's hopeless cause your mind is made up. all I can tell you is that at a high enough tax rate, I stop working.
@StarFire@Brendan no I'm open minded and would like to hear if you like to share, and I'm not talking communism here, but the idea is that in America especially, corporations rarely pay tax as it is, even if the rate is what 38% ? The effective rate is much less. While I'm stuck on the share buyback thing, if anyone looks the figures are staggering...so I'm saying its not high tax rates which is stopping buybacks, but it's high taxes which is stopping job creation? It doesn't matter, in 10 years they'll be no jobs in anyway it's all going to be robots running America...basically high or low tax, this ship is sinking unless you own $silver and $gold
@Brendan@StarFire buybacks and corporate rates is beyond me. If there are loopholes to get around paying the corporate tax fine. I think it would be better just to have a low rate and not loopholes. From an individual perspective though I can tell you if rates were lower, I would work more. I think taxes are best when they are a minor nuisance not something that devotes the lion's share of my time and effort. I think the obsession with "fair share" has become pathological and unhealthy. I don't think the point of taxes should be to maximize money for the government. I think it should be enough for them to do their job with he least amount taken away from people.
@Brendan@Allan it's constitutional and legal, according to us code 1182 President can for any time he deem necessary suspend the entry of all aliens as immigrants or nonimmigrants or impose any restriction he deem appropriate - for terrorism, illness quarantine, drug trafficking, etc. It's all in the presidents power. Pretty clearly worded.
@Brendanthe relevant part is 1182 section f : "whenever the president finds that the entry of any aliens into the US would be detrimental to its interests he may by proclamation and for such period as he deem necessary suspend the entry of all aliens or impose any restriction he deem appropriate" that's a direct quote
@BrendanNo because you're talking over me. I'm trying to bet that his order will become law of the land, be upheld and win in the higher court. you're trying to argue that a muslim ban will be called unconstitutional which obv it will.
@BrendanNordgold delisting, allowing shareholders to tender now or stay on as private shareholders with option to sell back 4 times over the next 2 years at today's price... interesting... reminds me of a Joel Greenblatt special situation with limited downside. Of course the risk is if they never re list or Mordashov wants to take it private at a lowball offer. I think they have better governance than that though.
@Brendan$arl.ax 0.05% Co $kat 0.52% also ardea marketing their project as the world's largest cobalt deposit... clearly not true, Katanga's over 1 million ton deposit dwarfs it. I'd be interested in seeing how their FS plays out. If they can make 0.05% work at these prices, it could be a decent mine.
@PamplonaTrader@Brendan$ARL.AX is the worlds largest *undeveloped* #cobalt resource. Also, there is 50Mt of higher grade ore 0.12% Co and close to 1bln lbs of 0.86% Ni for 380Mlbs of CoEq. All for FD EV US$9.5m (or US$0.07/lb CoEq). This is not including their gold or zinc projects. Show me a cheaper Cobalt play.