Hunt Gold Corporation (HGLC)

[suberizedwrx]

How's this for a crazy hypothetical...(who knows...maybe it's partially true)

Everyone refers to HGLC and FFGO as sisters right?
So if they are, then they have the same daddy...or group of major investors who put together a big pot of money initially.

Then the group of investors put CASH in FFGO and shares in HGLC.

Then the group of investors had FFGO buy shares of HGLC with it's (FFGO's) cash.

The cash was taxed...say 30% bringing down the net worth of the investment group.

The catch would be that FFGO can now declare a huge tax write off on the CASH it put into HGLC minus the remaining value of their (FFGO's) HGLC shares. What was that number? Around $76k that they can't write off right?

Anyhow, the write off is worth over 1.3 million isn't it? So despite the tax hit HGLC will take for receiving cash from FFGO, it pales in comparison to the $1.3+ million that FFGO can write off due to HGLC's value dropping to practically zero.

So take the cash that HGLC has after taxes and take the cash that FFGO can make as part of their tax write off without having to pay taxes on it and you have a richer group of investors.

Is this crazy...or could this be? Oh yeah..and look at the new Mockingbird Company. Maybe it'll be the new HGLC who's price will tank after HGLC gives it all it's cash lol.

I had some hypothetical numbers to use in an example, but I didn't want to get anyone too confused.

Anyhow...at most don't take this too seriously. I need something fun to think of while I wait with illiquid shares, especially with all the arguing over whether HGLC will sink or swim. I have a hunch that HGLC will pop upwards in price. Just look at it...it's been around for way too long. If it were going to die it would have done so by now. I know it was mentioned that accumulation is meaningless with pennies....but that's all this penny has been seeing for a while, which I'll take a good sign...especially for a lowly penny like HGLC. ;) Like I said in a previous post...I'm ready for anything...good or bad. GL HGLCers