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AUREUS MINING INC T.AUE

"Aureus Mining Inc acquires, explores for and develops gold properties in the West Africa, specifically the New Liberty Gold Mine in Liberia. Its business segments are Liberia development, Liberia exploration, Cameroon exploration, and Corporate."


TSX:AUE - Post by User

Comment by Trallalainveston Jan 18, 2017 6:09pm
183 Views
Post# 25725370

RE:RE:RE:RE:RE:structure page

RE:RE:RE:RE:RE:structure pageI agree with Orion
But there must be some advantage to those offshore holdings and keeping them under them.
Usually for tax purposes offshore(shell) company could be holding back capital or charging expense fees etc. We will never know you cant get any information on them. Sometimes they have the names of the Co leaked but wont be able to see financials.

Im thinking they might have done something like look poor, negoiate debt cheaper, pay off, and up cash flow or short term investements. Lots of ways for making the books look bad or good.
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