OK. So let me get this right. There is a new set of tax laws in place for SFMI to leverage to its significant advantage and these new and/or renewed tax matters allow them to:
- write off 50% of the cost of safety related equipment....
- get a per employee credit for each safety related employee...
- apply accellerated depreciation to any non-safety related equipment purchases they make in 2013...
- write off 50% of the costs of non-attached appertenances tho the mill site...
ALL AT THE PRECISE MOMENT THAT THEY ARE:
- going into the Sinker Tunnel and bolting its entire length for safety required reasons...
- finishing out the vault, the mill extension, the smelter & the lab buildings...
- going forward to build a cyanidization circuit...
AND SOMEHOW THESE TAX ADVANTAGES ARE EXPLAINED BY SHARE DILUTION?
Hmmm....
Very interesting theory...
;o)
So, what IRS form do they fill out to get these dilutive shares associated with all these tax advantages?
Section 179 provisions, maybe?
No.... wait, thats accelerated depreciation, LOL. Not related to allegations of dilution, is it, LOL?
So... How exactly is dilution the explanation for the beneficial aspects of the tax environment in 2013 ?????
Imperial Whazoo
"Just my opinions, folks. Do your own due diligence & make your own decisions. DO NOT... I repeat... DO NOT make any investment decisions on my comments. They are my opinions. That's all they are... OPINIONS."
