2006 ReportInteresting, so they say there is about $7.7 million recoverable derivative loss because of copper prices declining. So this will be about 25c/share recovered.
For Huckleberry it say that 2005 had a $9.6 million income tax recovery and 2006 had a deduction of $9.8 million of future income tax expense.
So, what exactly is the relative effect of 2007 earnings from that?
With 30 million shares it is about 32c/share. Truly, when I read that I don't appreciate if it inflated the earnings by 32c or depreciated the earnings by 32c.