A mine for a junior

CIM Bulletin, Vol. 76, No. 857, 1983

ROBERT B. PARSONS, C.A., Partner Price Waterhouse, Toronto

The junior mining company's bank account is depleted, but there are high hopes for the company's property. Where to get the necessary development funds is a common problem facing many juniors. This month, Tax Notes discusses briefly the principal income tax implications of several alternative development plans that are typically available to the junior mining company and its shareholders.