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Mountain Lake Resources Inc V.MOA



TSXV:MOA - Post by User

Bullboard Posts
Comment by Cousin_Gerton Feb 22, 2007 10:31am
62 Views
Post# 12287264

RE: Three NI 43-101 projects

RE: Three NI 43-101 projectsLx. The point is that MOA's last Annual Statement has LTD at less than $400,000; which is insignificant in itself. Add to this that it will no doubt be written off once the New Diamond company is formed. Stating the MOA "Has No Long term debt" may not be completely accurate but it is still not enough for someone(you) to challenge a posters words. It is an insignifacant issue and needs not be mentioned especially if you read Note 7 which states that the LDT will "never have to be repaid" unless ED returns Net Income to MOA. Why you would bother to challenge some posters words over this minior and insignificant issue is still my question?...What is your motive?...C.Gert
Bullboard Posts