Red Lake Gold Inc C.RGLD

Michael / Mike England

[zukuenftiger]

Why is a certain Mike Michael England working with 2 companies in Newfoundland? Pivit and sunvest-same team, same postal adress?!

[baccanal]

smart move. Save on office expenses. I would do the same

[zukuenftiger]

What makes sense to start a second company instead of focusing on a company (sunvest) to finally achieve success?

[dacre]

Not all that uncommon; was really prevalent back in the 80s and earlier during the heyday of flow through investing (could write off more than now).  You'd get groups of companies (sister companies) with common management.  Does save on expenses, but can raise much more money with a number of entities rather than putting all those properties under one. the good thing...he kept the