Replies to post #7670 on Addax Petroleum (fka AXC)

[oldoil]

Strat
On a different subject. It might be helpful (?) if the longs here could develop a way for us to remain in communication with each other. Over the years i'm part of a group (not shareholders) that stay in contact through emails. Whatever the system, I'd like to continue to remain part of professional members of this investment. Any thoughts here?

[tryoty]

Thanks Strategy. I think your scenario is quite plausible. I do wonder about those shareholders who hold shares in IRA/Roth accounts. There can be very serious tax consequences for holding foreign company shares in those accounts. I certainly hope the company would be proactive in preventing harm to certain accounts.

I don't know how big of a problem it is, but I know it exists. I doubt they do.