Nord Precious Metals Mining Inc V.NTH

$604,000 for the Highway Book store?????

[materialgirl]

This transaction between Frank Bassa and his children should be better explained to the shareholders. 
I bet they didn't pay anywhere near that when they bought the old Highway Bookstore and did the company pay for the upgrades in the last few years?
These kind of incestuous dealings need to be investigated.

[Redsalem]

Where did you read it was the bookstore.  It says 10 acre property near Cobalt off highway 11.  Facility has already been converted.  I'm thinking that's not a bookstore.

[materialgirl]

It's the Highway Book Shop  that was run by Douglas Pollard who died in 2011. He was a legend in the North and a very interesting man. I remember visiting the Store many times on my way to Torointo. Ask Frank Bassa what his son paid for the Book Shop.  It was for sale for years.  The issue here is the purchase price by Frank's son, and if any of Franks companies paid for the

[2008run]

Anything to justify MORE DILUTION and pay salary and expenses to family members and bed friends of CCW and GGM. A bonus shareholders get a royakty / dividend and a ROLL BACK.

[materialgirl]

It took me awhile but I found out what Frank's son paid for the Highway Book Shop.  He paid about $180,000 and now selling it to the CCW shareholders for $604,000. Nice profit. 

[Redsalem]

Although when did he buy it.  My house has trippled in value just due to the market changing.  

[prospector001]

My research indicates that the "Highway Book Shop" (near Cobalt, Ontario) was sold as of June 29, 2012 after closing as a book store - but I do not know the purchase price or who the purchaser was or even if that was the last sale of the property. I don't even know if this is the same property referred to in the news release! https://www.highwaybooks.ca/ Needless to say that real