phillips river project - henry reforms, page-3

callex,

re "For a company in a tax loss position that spends $1 million on exploration,"

Yeah. But I dont think they will get that act through, really,......and if they do, who wants to invest in a company with a permanent tax-loss position.
I hear you, mate, but the order of things is set by the big guys....and dividends, remember.They set the trend for the market for the juniors...

GZ