Unless things are not what they appear. Like why would they pick that company. I see it as a bonus $5,000,000 loss carryforward that would be allowable to be a tax deduction; thus, is the future made them worry about TAXES ON INCOME, in reading that finacial PDF adobe file- well, that says it all in question form.
ChuckaTAXa
P.S.- Would they need another company shell vehicle for some moving to the south out od CDNX country- I wonder about such things, page 1-10 text on www/.net site so states that minerals are being studed, what does that mean:
conquistador.net
Midway So States:
Ie Complexity of Minerals:"""
This table shows some of the ranges in grades of grab samples, the high of which contains 1.32 ounces of platinum in 6 ft of core (see above). The complex sulfide-stable ore contains pentlandite, sperrylite and other complex PGM alloys. In addition, chalcopyrite, and pyrrhotite are present in the massive as well as the stringer mineralization. The main metals include platinum, palladium, osmium, rhodium, copper, nickel, cobalt, gold and silver. PGM's occur in many other dikes and parallel fracture zones on the claim block. Some of the ore-grade material is intensely oxidized (about 36%), but deeper drilling clearly shows the hypogene sulfide nature of the ore-grade material. The system is basically a PGM-nickel-copper system using the current pricing for these metals. If both the massive sulfide zones as well as the stringer zones are combined in the future as a target, the PGM's constitute a primary part of the future production of the system.
..""//
under that table ::
""..
The Askew and Associates prefeasibility study forms the basis for establishing a minimum resource for the property. We are currently looking at the metallurgy of the ore to establish the feasibility of including the lower grade material in the future. Nonetheless, the company believes that to increase the tonnage to a minimum of 500,000 tons is highly probable and it is possible to attain tonnage in the range of several million tonnes in the following exploration scenarios.
Previous, but limited exploratory shallow drilling has been done in the Key West and Great Eastern Mine areas controlled by Conquistador, but by several other companies
..//""
ChuckaSEVERAL OTHER-damstraight. |
