Silver Falcon Mining Inc. (fka SFMI)

[Imperial Whazoo]

SFMI can generate a success in the Sinker tunnel, and to do so it will have to buy equipment and employ people.

The safety related equipment is subject to a 50% tax write off and the safety people they have to employ are subject to a tax credit.

And any non-safety related equipment is the beneficiary of accelerated depreciation; and any structures that have movable appertenances can be booked using a 50% tax write-off.

Kind of helps SFMI in its tunnel project, doesn't it?

LOL

And the same pretty much applies across the board.

They need drills for inside the tunnel. They will have to treat them as non-safety related equipment, but they are still able to apply accelerated depreciation to them.

They have added a mill extension and that involves both appertenances and equipment. As above, both are tax advantaged.

Then there are the buildings that are about to get completed: the mill extension, the vault, the lab, and the smelter, all of which have available to them some set of these tax advantages.

Kind of helpful to SFMI, isn't it all?

Also, consider the safety related issues that will come to play in the cyanide circuit? Tax advantages all over the place, it look like.

And these advantages are in play even before a potential buyer begins to show interest. In fact, they are a key reason why a buyer would show interest.

"A" key reason, mind you. They need to succeed in one of their projects, but when that happens, watch out!!

After the tax advantages are booked, a potential buyer benefits by being able to offset their own high tax situation using SFMI's loss carry forward and the other booked tax advantages SFMI has.

So, it baffles me why it would matter whether the buyer is Chinese or from the planet Zargon.

It can be, as I clearly said, "... any entity, whether corporate or private,...".

Chinese. Athabascan. Introverted extroverts who own high-heeled sneakers.

I could care less.

The counter-intuitive nature of the tax benefits to SFMI that are in play here are actually amplified in value and in importance by the very financial weakness that has beset SFMI.

In fact, SFMI advocates should, IMHO, make the effort to enlighten people about the accuimulated losses at SFMI because every tax loss carry forward they can book, at this stage, helps them if even one of their several projects bears fruit.

I guarantee that there will be companies interested in aquiring SFMI if they succeed in the Sinker Tunnel or on the mountain or in the cyanidization project or in increased output or in landing smelter business or in performing lab services out of their new lab.

SFMI is replete with pregnant projects, and success with even one of them, taken together with their accumulated losses, will make them an attractive aquisition candidate.

And anyway, SFMI is a development stage company. Who ever heard of a development stage company that is healthy financially.

So, glad to be of help in getting the value proposition out there in front of everybody so that the beneficial tax situation SFMI has to work with can be better comprehended and its potential revealed.

Glad to help.

:o)

Imperial Whazoo