How many agreements are there that oblige us to payments and receipts? Golfyeti pointed out a line in the NR for a deposit (how much?).
In the MD&A (page 10) there is this line for payments we will owe on the SC properties. Who do we pay this to and why? Do we own less than 100% of the SC properties?? What does "Off Balance Sheet Arrangements" mean anyways?
The Company is committed to pay $750,000 in 2013, $1,000,000 in 2014 and $750,000 in 2015 in connection with an agreement on the Schaft Creek property.
I'm still a bit puzzled at how we could still be counting moose and monitoring water at this stage of the game. We've had a good decade to wrap up this kind of stuff.
The MD&A has a pretty low key pronouncement (pg 6) on the 4 new claims we bought with no NR. Not one word about the last consultations with First Nations regarding the mining traffic through communities.