HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

Free
Message: AGM June 8 /16, Make sure you vote!

I would not spend anymore time discussing this topic.

??????????????????????????????????????????????????

Since goldhunter exersiced his right to terminate discussion on this topic

I'll attempt to do some DD on my own. Court dismissed CCC's appeal re

Easement over their claims a while ago. Now CRA( Canada Revenue Agency)

is disallowing claims of costs on some 13 Million Dollars by participating

investors that bought that amount for the years 2010 through 2013.

They rightfully claimed costs on their part of the flow-through expeniture.

Only guess I can make is that flow-through funds must be expanded on

exploration/drilling and not for securing corridor and control of acsess.

CRA has assessed additional Part XII.6 tax of of approximately $ 1,103,180

including penalties and interest. Interest portion may increase over time.

In fairness to company they disagree with certain positions taken by CRA

and intend to file formal objections to dispute the assessments once

they are issued. I is odd that GH etal can find all kinds of shortcomings

with our CEO AL and miss very material event.

GLTA,

Fossil

Share
New Message
Please login to post a reply