TBR 3.26% $4.75 tribune resources limited

Mkt Cap $180M Gold Held $290M Value, page-35

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    The other thing is if they paid a dividend in gold the chances are that the gold wouldn't be taxable until it was sold by the shareholder as each shareholder is entitled to their undivided share of the assets of the company and the gold has never been sold so may not attract capital gains or income tax. Would it be a dividend? would it represent income? it is not capital in the company in the ordinary sense of the word it remains as inventory.

    Worzel1 take a look at the gold vein and face sampling photo in RMS presentation from their new Vivien UG mine that's just starting to come into production. Forget all that palava around the BDR raising RMS are on top of the ore literally not telling stories about ore that one day will be. Eshmun
 
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