Ni, Co, Cu, PGM, Au Properties in Ontario Canada

Producing Mines and "state-of-the-art" Mill

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Message: First Qtr Fin Statements on SEDAR EOM

The deficit is just negative retained earnings. It increased over the quarter in an amount equal to the loss on the income statement. It basically represents an erosion of shareholder's equity due to the loss. The deficit line in itself is relatively meaningless.

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