What does this mean for BC investors?

A BC investor, with taxable income of more than $113,805 and who invests $1,000 in flow-through shares, would receive tax credits and tax savings totaling $757 - partially offset the following year by $139 in taxes payable on the tax credits, for a net benefit of 62% of the investment. The tax benefits will vary dependent on the investor's marginal tax rate and jurisdiction of taxation.

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Do the math on the flow thru prices,(don't have them in front of me $13.??, and $12.??) - 62% gives you the net outlay for a B.C. resident with an income level as per the above...so net they are paying $6ish...far lower than even today's market and almost at the same level as the IPO, very little risk most would agree.

GLTA,

Magnum