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Gold/Mining/Energy : Claude Resources TSE.CRJ Undervalued Junior Gold Anyone?
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To: Enigma who wrote (181)3/12/1999 9:23:00 AM
From: Gord Bolton   of 359
 
Good Morning DD, I think the answer lies in the murky world of accounting and taxation. The mine is in testing and startup until they announce that it is "in production". At that point in time certain taxation obligations kick in. Any gold produced at Madsen to date will be applied against start up costs I believe.
Should be news on full production soon I would expect. Also looking for assay results from SeaBee and Madsen.
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