Conference call, page-59

Let's say for example they sell Bear Head for $25M. You claim that would be raising capital. In fact it would be a capital loss. The asset itself was already funded with a capital raising. Selling it would be converting capital from an asset to cash. If that cash is less than what was paid for the asset in the first place it would be a capital loss.

Explain to us how you can you raise capital and have a capital loss from one transaction. LOL.