I guess this is how i got the two mixed up.
Vaaldiam ended the period with a cash position of $4.5 million and working capital of $3.2 million. Vaaldiam also holds
10.6 million shares in Flemish Gold Corp. (‘Flemish’), which is focused on gold exploration in sub-Saharan Africa, 2.8
million shares in Freegold Ventures Ltd. (TSX: FVL) and royalty interests in the Kwale mineral sands project in Kenya,
the Pukaqaqa copper-gold project in Peru, the Braúna kimberlite project in Brazil, and the Crypto zinc-copper-indium
project in the United States. Vaaldiam owns the patent for the TSR process, which can be used to upgrade ilmenite into
synthetic rutile. Vaaldiam also owns a 100% interest in the gold deposit at Braúna and a kimberlite project in Brazil.
Vaaldiam decided not to renew their licenses at the Chapada diamond mine in Mato Grosso, Brazil