OTCPK:CFMSF - Post by User
Comment by
must_be_patienton Nov 23, 2010 9:56am
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Post# 17744066
RE: Even more interesting..
RE: Even more interesting..The flow-through shares mean the buyer gets to write off the purchase price of the shares off on their taxes (probably a 40% benefit for the buyers). CFO is giving up some of its exploration tax benefits as part of the deal. It works well for both sides because CFO is a ways off from having profits that would need offsetting deductions.
See:
https://www.milliondollarjourney.com/how-flow-through-shares-work.htm