Destinator Friday, 10/18/19 12:07:20 PM Re: jembers post# 1327 Post # of 1350 It could be due to tax loss selling jembers. Canadian Tax Law allows investors to sell a stock and record a loss that can be used to offset any gains made elsewhere. Stock loss selling usually takes place close to year end. The Uranium sector has been hammered all year round in 2019 so Uranium stocks are prime candidates to sell this year for this purpose. Here is the problem with doing that. In order to be eligible for a claim of stock loss, the seller must not re-purchase the shares for a period of 30 days within a non-registered account. They can buy them back sooner if they so choose, but then they cannot claim the tax loss if they buy within that time frame. It gets more complicated than that depending on how the volume of your buy matches the volume of your sell but that is the simple way to explain it on a one to one share basis. Lately, I hear that if you transfer your shares from a Non-Registered account into a Registered Plan, then you are also NOT ELIGIBLE for the tax loss. I'm not as sure on that one but that is what I have been told. Advantage Govt. Given the expectation that SPOT PRICE will rise by year end, I suspect that some may be taking their losses now so that they can buy back in BEFORE the SPOT PRICE rises. The danger of tying to time your tax loss selling is that you sell 'low' and may have to buy back in 'high' before the 30 day period for you is reached thus negating any benefit of a tax loss. Simply put, its a gamble to take your tax losses at this time in an environment such as the one that we see ourselves in today. IMPORTANT: I am not an accountant or a miner. I am an armchair investor posting on the internet. Consult your tax experts to see if there is any validity to the tax loss selling information made above.