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Re: gramps76 post# 20423

Wednesday, 11/16/2011 7:17:04 PM

Wednesday, November 16, 2011 7:17:04 PM

Post# of 31931
Why acquisition completed in 2013?
"4. INVESTMENT

On July 27, 2011. the Company entered into an agreement to purchase 100% interest in the Hindon Copper Property for $610.000; final terms of the acquisition will be completed on August 1, 2013. The company issued a note payable to unrelated parties for $25,000 to finance the initial acquisition. The investment has been presented at cost and has not been fair valued as of September 30, 2011"