Saturday, April 21, 2018 11:55:06 PM
I personally would hold this for at the very least 1 year to get the tax benefit as well as the hefty price increase after the drill. Why pay that extra 5% in taxes when gains will be huge ? Even if it's just equal to malampayas size it's worth at least 50 cents with verified reserves . Yes it's incredible that some shares sold at .00012, 5 years ago. Tax time selling using loses to offset their winnings. But now it's looking like bitcoin type returns. Even if all you got was 100000 shares back then for 10 dollars. You're smiling today.
Would I take pxp shares? I'd consider it if it's an extremely good exchange at price levels I'm talking about.
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