GREY:PGDIF - Post by User
Comment by
ekimon Dec 22, 2014 9:06pm
107 Views
Post# 23258067
RE:RE:RE:RE:RE:RE:RE:RE:Flow Through financing 2.19 million
RE:RE:RE:RE:RE:RE:RE:RE:Flow Through financing 2.19 millionI think the taxpayer and the company have two different things.
Taxpayer is done with the transaction once they give the money over. I can't see why they couldn't claim it the minute they transact.
Company on the hand is obligated to spend the $$'s on flow through exploration within a certain time period (I think a year).
If they don't or they spend it elsewhere...then the company has the renounce the flow through and owe some $$'s back to the government. The investor on the other hand could be long gone.
EKIM