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Teal Valley T.TV


Primary Symbol: P.TEAL

Teal is a Canadian, pharmaceutical & NHP manufacturer selling to Canada’s national, chain drug stores, presently expanding its portfolio to include cannabinoid-based products utilizing proprietary formulations & extractions for both the global Rx & recreational markets.


P.TEAL - Post by User

Bullboard Posts
Comment by junior_mineron Sep 23, 2011 4:07pm
172 Views
Post# 19078230

RE: RE: RE: TV tax burden < 10%

RE: RE: RE: TV tax burden < 10%Yes I read the story. The fact is royalty regime is extremely punitive compared to almost any mining country. It wouldn't be that bad if it was only net profit interest, but half of it is calculated from operating profit. I.e. you can't even deduce amortization/deprecation before tax is deduced. And it is progressive. I'm not happy, but I admit it doesn't outright kill investment.
PS. I don't care what Candente says, they are trying to sell the company anyways. Of course they will belittle the negatives.
Bullboard Posts