Value Microcaps Free-For-All

[fickster0]

Bobwins: My conversation with Shawn yesterday is what prompted my question about the sale of tax lossses to( in this case Red Mile) another entity. Shawn informed me that there is not any loss of profits to TGB through this transaction. Through a complex agreement that satisfies the Canadian tax laws concerning mining tax loss, TGB was able to turn a portion of the accumulated losses into 64 million dollars. I then asked if TGB incurred a tax liability by this transaction,and was told no due to the 100 million + losses remaining. To say the least I was pretty damned impressed that the start up funding was generated without a major dilution, if in fact I was understanding the explanation correctly... Fick