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1. The Company and Significant Accounting Policies: Principles of Consolidation (Policies)
9 Months Ended
Sep. 30, 2016
Policies  
Principles of Consolidation

Principles of Consolidation

At September 30, 2016, the consolidated financial statements include the accounts of the Company, the accounts of our majority owned New Jersey Mill Joint Venture (“NJMJV”), Golden Chest LLC Joint Venture (“GCJV”) and GF&H Company. Intercompany items and transactions between companies included in the consolidation are eliminated. The outstanding ownership of GCJV was acquired by the Company in December 2015. In August 2016, the Company acquired the remaining 33.3% outstanding shares of GF&H and now owns 100% of GF&H (Note 14).