OTCPK:PGMFF - Post by User
Comment by
kirk15on Jun 18, 2020 3:31pm
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Post# 31166367
RE:RE:RE:RE:HELL ANGLES:
RE:RE:RE:RE:HELL ANGLES:The Company "flows through" the tax benefit of exploration credits to an investor, the investor pays a premium for these credits. The money coming in is considered a "soft dollar" financing, it can only be used for exploring undeveloped properties, it may not be used in areas that have already been declared "in production or developed".