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Re: Homebrew post# 35747

Tuesday, 02/25/2020 3:46:43 PM

Tuesday, February 25, 2020 3:46:43 PM

Post# of 47670
Yes. That is a great point.

I suppose they could make an argument that the gold produced is already reflected in the "asset" price of the mining claim, but it would be common for there to be a separate line item indicating they have "inventory" or some other designation indicating a difference between assets ready to sell and assets still in the ground (e.g. raw material vs. finished goods).