Turning ore into rock

CIM Bulletin, Vol. 78, No. 873, 1985

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

A study recently completed by the Prospectors and Developers Association, assisted by the author and computerized mine models he developed, presents a strong case that present tax rules severely handicap the junior exploration company relative to the established producer. This month, Tax Notes briefly summarizes the highlights of the study and some of the Association's ideas which came out of the study.