RE: RE: Joe Dwek Management Consultants 2007 Inc.?Found this on Agoracom
Joe Dwek Management Inc manages many Limited Partnerships, created for the purposes of acquiring Flow-through shares from the treasury of exploring corproations, via their Mineraldfields and Pathway programs. The 'after-tax' cost base of the LP shares is a lot lower than the indirect subscription price (less than 25% if my recall is OK), so break-even point is a lot lower than the usual retail envestor. Also, there is a written policy of them that they cash out their positions as soon as possible, and JDM gets 50% of profits after break-even point is achieved, ie the investor (the limited partner) gets its 'aftertax' cost back, and only then JDM gets to share 50/50 with the investor.
Hope this helps