NAFS — what changed in the latest 10-Q
A section-by-section comparison of NAFS's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2018-05-30 vs the prior 10-Q · 2017-11-16
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +2 | −1 | ~9 | 24 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | No paragraph-level changes | 0 | 0 | 0 | 13 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Legal proceedings, Risk factors, Other information
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2018-05-30
NorWest Engineering amended NI43-101 report filed in May 2017. The report covers exploration to date on a portion of NAFS' leased areas (approximately 12,100 hectares [29,900 acres]). Between 2009 and 2016 a portion of the property was explored by 112 test pits and 104 drill holes, of which 145 pits…
During the recent quarter the Company release a NI43-101 Report on the Eagle Creek properties.The NI-43-101 report, completed by Norwest Corporation, a Calgary based mineral engineering company recommended that we continue to drill out the property, to establish the both the size and quality of the …
Text removed vs the prior filing · source: 10-Q · 2017-11-16
During the recent quarter the Company release a NI43-101 Report on the Eagle Creek properties.The NI-43-101 report, completed by Norwest Corporation, a Calgary based mineral engineering company recommended that we continue to drill out the property, to establish the both the size and quality of the …
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice