RE:RE:RE:RE:RE:RE:My TakeDirk, in theory yes. However, assets are recorded as book value not fair market value. For example, if you own a office tower and you bought it for $1M you would record it as $1M asset and $1M SH equity. (assume you have no other assets or liabilities). So you have $1M asset and $1M in SH equity. Over time that building appreciates in value so now it is worth $10M. Well, the asset is not then recorded as $10M so essentially you have $9M of uncrecorded value on the balance sheet (which would then increases your SH equity by $9M). Once they sell the buildinig they will have $10M in assets (cash) and SH equity of $10M, but only after they sell.
In the case of CGX they have invested millions in preparing for this drill giveing it negative equity of $300M. Not sure what they have recorded for assets (if anything) on the concession, however if they hit they will have unrecorded value of say $1B (which if recorded would make SH equity move from -$300M to positve $700M). Only when they sell that asset will you be able to see this realized through a significant increase in cash which will enhance shareholder equity. Hope that helps.