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  5. KL: currently own KL @ $61,80 - am planning to sell for tax loss. [Kirkland Lake Gold Ltd.]
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Q: currently own KL @ $61,80 - am planning to sell for tax loss.
better to replace with AEM immediately or wait for 30 days and repurchase KL? ( am I correct in assuming that the price of gold could rise and if I waited
this could cost me.)

Asked by ed on October 08, 2021
5i Research Answer:

Because they are separate companies, there is no need to wait and no superficial loss rule applies here. Gold can often to well in the 4Q and we would just proceed with an AEM to KL swap and crystallize a loss if possible.