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Avion Gold Corp AVGCF



GREY:AVGCF - Post by User

Avion Gold Corp
Bullboard Posts
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(62)
•••
Comment by JonEcashon Apr 22, 2010 5:51pm
186 Views
Post# 17021509

RE: RE: i might be wrong

RE: RE: i might be wrongNot sure what you're getting at.  As is stated in the financial statement notes, the inventory (gold dore, in-process PM's and stockpiled ore) is carried at COST.  Only when you actually sell the gold do you recognize the profit (sales price less the cost) on it.

J$
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities