Fabled Silver Gold Corp T.FCO

Bank Financing

[ripantuck]

I feel like I am in the "twilight zone" when I read these comments about Idaho bank financing possibilities. Did you guys miss the great banking crises of 2008-2009? Or did you not notice that almost every bank in the US only made real estate, auto and credit card loans and still does. Financing of industry and production of goods and services has been solely the province of investment banks in the US for some time now- in all 50 States. This has a lot to do with the rules of various bank examiners, i.e. if someone wants to develop a RE project and the anticipated selling price is $50 Million, but it is only going to cost them $25 Million to build it, it is considered a safe loan by bankers and their examiners. What was discovered during the crises is simply that empty office buildings and housing tracts with 20% occupancy causes a problem with loan payback so they started giving people mortgages for 90% of the cost who couldn't pay the monthly loans payments, etc. The concept of loaning a person or entity money on the premise that they will use that money to produce goods and services, which will be sold, thus generating the money to pay back the loan is considered much too risky (or just totally outdated) to even consider. Even farm loans are based purely on assessed land value and/or liquidation value of equipment. Producing and selling crops and livestock is irrelevant.U.S. "Commercial" Banks have no involvement with significant loans to any industrial or mining projects. It has become ingrained in the system. If an Idaho bank or banks were to make any kind of significant loan to FCO to build a mine, the Bank examiners would shut them down. It simply isn't an option, no matter who is on their Board.By the way, I know SH is going to drop all my paragraphs. Can anyone enlighten me on how to convince the system not to drop my paragraphs.