RE:Can someone explain ?@ bomdrou99 - There's a tax benefit that's associated with a flow through share. FUU doesn't turn a profit so to put junior mining companies on a level playing field with companies that can claim tax deductions against their income, the tax code allows junior compaines to transfer the tax deductions that profit orientated have - to other taxpayers in the form of shares. So if you bought flow throughs from Red Cloud, you would be entitled to use FUU's tax benefit on your income tax filing to reduce your taxable income.
The number crunching gets deep in the weeds, but I do not believe that the tax benefit would be worth the premium to the current market price. FUU's shares should be worth the price Red Cloud paid for them subtract the tax benefit the flow through have. It should be safe to buy here imho (on Red Cloud's analysis) as there presently appears to be a market dislocation for FUU'S shares.