It isn't illegal to have offshore accounts ...many USA companies have offshore accounts. To name a few..

GE ... Apple Computer .... Google

The main reason for offshore accounts is strictly tax reasons. You would think Congress would address the main problem and lower the corporate tax rate. My suggestion is a flat tax of 15% across the board. This one solution would help address companies leaving the country creating tax shelters outside our borders.

My main issue I have is there is no accountability of dore bars being processed, going to the refiner and how much is being made when the refiner sells the gold and silver on the open market. We leave it in the hands of PQ to give us an honest answer to how much he is making off the dore bars. I personally don't like this since we as shareholders own a piece of the company and know we have been given inaccurate information before by PQ at ASM. I like to see an independent auditor doing the counting.

I won't be attending the ASM .... but I would hope someone asks this serious question.