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IAMGOLD Corp. Message Board

  • warrcee warrcee Aug 11, 2011 2:16 AM Flag

    Not A Miss, Inept Analysis

    It makes one wonder if they read, the accounting section. Maybe the critics didn't get the fact there were 2 mine interests listed as discountinued operations? Those weren't full interests they were partial interests, that IAG was getting paid for. If those interests were added back in, the earnings would have been .21 over. There a production decrease and an asset write down. In GAAP FASB, those numbers come out twice.
    It would be interesting to see a stockbroker that can do math? Or some basic cash method accounting? Mining is cash method accounting, not banking, or government bimbo acruals.
    It's not like god hands out the gold then lets you draw it down of a predetermined balance. Acurals with God, is that like spirital gold bricking. WOW Lloyd Blandfein and the One Worlders must have a huge acural pile of gold they draw off of, since they are doing,"Gods Work." Where is that pile of acural gold?

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