TSX:SUE.WT - Post by User
Post by
Bdiddyon Jun 02, 2008 7:52pm
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Post# 15136860
CMM'S News Release
CMM'S News ReleaseDoes anyone think the difference in the wording of the comments about the 2 write offs means anything? ie they said...."Century has recorded a write-off of its investment in Rosario de Belen in the Company's 2007 year-end financial statements, and anticipates recognizing no further liabilities related to this transaction." On the other transaction they say ..."As with the Rosario de Belen transaction, Century has written off the deposits paid toward the purchase of Algamarca and the expenses related to the takeover bid for Sulliden Exploration Inc. in the Company's 2007 year-end financial statements, and currently recognizes no further liabilities related to these transactions"
They are not the same. Is this difference significant?? Is it just litigation costs that they are afraid of or do they have more costly concerns?? Does it even matter as they seem to be in a death spiral??
bdiddy