Brigus Gold Corp. (BRD)

[wshaw14]

One other thing we should keep in mind that the effective tax rate on the new tax is reduced by the fact that it is deductible on the corporate tax and is only charged on the net with a few items added back. The effective rate is around 5%. From my calculations, they would have to have a taxable income of about $297M (or $1800.00 an OZ) for the new tax to equate to 90.00 per ounce or $14.85M. I could be wrong.