Several Points ....
The next time you read Stockhouse .... remember this
about poster TAD.
>>>>>>>>>>>>>>>>
most likely due to the fact I ain't no accountant,
and didn't take into consideration
the depreciation, amortization and accretion costs of $2,327,492 that were expensed in Q4 '05,
and the non-derivative losses,
and the higher costs for corporate administration from additional staff being hired as part of the company's growth in Q4,
the additional financing charges and the expensing of the options to mg't.
>>>>>>>>>>>>>>>>
stockhouse.ca;
ALSO
Additionally, we still have DERIVATIVE LOSSES of 1,293,463 sitting on the balance sheet in the
Current Liability section.
This loss will be taken into the P&L in 2006.
The question I have is:
Was this a valuation amount calculated at
the end of 2005 and THEREFORE may increase
as the price of Gold increases thru out 2006 or
was this a fixed amount.
ALSO
can someone clarify CMM's narrative which I think
says that they will meet some 2006 obligations by
by issuing more stock as follows:
Potential Forward Stock Dilutions
---------------------------------
May 4,108,390
September 4,108,390
---------------------------------
Total 8,216,780
===================================
Maybe someone on Stockhouse can clarify.
ALSO
Just My Opinion ....
It is extremely BAD FORM to lump together
Accounts Receivable and Inventory.
Its just WRONG.
There is a big difference between
Accounts Receivable 4,302,483
Inventory 1
------------------------------
Total 4,302,484
=============================
versus
Accounts Receivable 1
Inventory 4,302,483
-----------------------------
Total 4,302,484
=============================
IOW - your hoping for the 2nd condition
and NOT the first.
It just sucks.
Why make a shareholder jump thru hoops when
the numbers are in front of you and it takes
no more ink to just breakout the numbers.
regards,
John McCarthy |
