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goldbug2

02/17/09 11:16 AM

#767 RE: the cork #766

cork, you're looking at the balance sheet, not the income statement. The Monte Christo looks like the only property they paid for in stock, so it's on the balance sheet as an asset. The income statement shows they made money from their JV's and from selling some properties. Scroll down through the report and you'll see it.