GREY:NEVDQ - Post by User
Comment by
patchhon Nov 17, 2021 4:11pm
143 Views
Post# 34137920
RE:RE:RE:patch!!
RE:RE:RE:patch!!think this thru...
i am leaning to a sale.. NCI is gearing up their balance sheet... it appears they are going to bring in a godzilla auditor..
NCI admits they did not see the imbalance on their tax (more tha likely) filings w the methods used for 2019-2020-2021..
they look like thy have declares an imbalance on the entire 828M$ and intend to expense that entire amount off as a US IRS Charge bak...
if anything we should B jumpin w joy that they can claw bak a few million from the IRS and deffer Tax enscouches going into 2022..
i will let it go from here... if NCI proceeds w this audit (probably in full swing - now); they will derive a finicial instrument - that is certified just like a geo report...
in both cases U can use that info to sell a mine - especially one thats perpetually cash strapped after getting creamed w Code 19 / stopping mine operations...
otw - its warming up to B a short util that fidelity CtX is filled or terms expire... Fidelity won't runt this foreever.. cost them too much money sitting on non IROC Shares...