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Tuscany International Drilling Inc T.TID



TSX:TID - Post by User

Comment by RonJadleron Feb 05, 2014 1:11pm
137 Views
Post# 22175279

RE:RE:Good Morning from onthecase

RE:RE:Good Morning from onthecaseInteresting.. I was thinking that maybe TID didnt depreciate the equipment appropriately and was carrying assets at the wrong value (didnt depreciate enough - carrying on the books at too high value).  This would be an explaination for the big difference in carried value vs liquidation value. 

But it sounds like that was addressed on the call, so it shouldnt be the case.

How certain are we of the asset values?
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