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Sheesh, that strategy is not looking too flash. If I'd bought 4 million Perseus Mining at $1.85 on 28th January 2010, they would have fallen to $1.575 by close on 29th January 2010. If I had 4 million shares I'd be down 4 million shares x ($0.275)= ($1.1m) Have attached a chart here on my...

Tax is a very relevant consideration. With a margin loan on shares you can access some of the increase in equity (assuming an increase in equity happens) without realising the asset (and cgt expense) or receiving taxable income. Interest payments on margin loan drawdowns for personal use...

I'd buy 4 million Perseus Mining shares (PRU) at up to $1.85/share ....(using a margin loan at 55% lvr and keeping remaining $ as a buffer)... then wait patiently whilst the company lists on the Toronto Stock exchange (probably in the next few days) and then develops its 8 million ounces...