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Re: jimtash post# 29629

Sunday, 03/03/2013 11:54:31 AM

Sunday, March 03, 2013 11:54:31 AM

Post# of 71937
It already is a seperate company. What mining assets? Just because a exploration company has a bunch of claims doesn't make them assets. The mineral claims don't become assets until mining leases are secured and that takes a few years. The company would have a hard time to sell them due to a lack of DD.

so far 65 of canwealth's mineral claims are set to expire in april.

so I did the math.

Good standing 65 x $1200.00 = $78000.00
Filing fee 1 x $100.00 = $100.00
renewel fee's 65 x $108.25 = $7052.50
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total $85152.50