The former Wildcat Exploration Ltd HUB On AGORACOM

The company is now known as FUSE Cobalt.

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Message: Re: Legal Settlement... and SKP?

Dec 21, 2009 11:54AM
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Dec 21, 2009 12:20PM

Dec 21, 2009 12:26PM
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Dec 21, 2009 12:58PM
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Dec 21, 2009 12:59PM

That would mean the SKP would have to acknowledge their intent not to comply with the agreement.... Thus the SKP share value would suffer... showing investors they have a lack of willingness to actually explore their projects.... They would also have tax impications regarding the Flow through Placement just anounced....

Things get real ugly when companies don't spend the amount obligated in the Flow through and the tax man comes back to investors for the tax back!...LOL

Long and short is that SKP has to spend those Flow through dollars in the ground.

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