UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549-0308 DIVISION OF CORPORATION FINANCE Mail Stop 03-08 October 18, 2005 Tom S. Kusumoto Chief Executive Officer and Chief Financial Officer Black Mountain Capital Corporation Suite 613, 375 Water Street Vancouver, British Columbia, Canada V6B 5C6 	Re: 	Black Mountain Capital Corporation 		Form 20-F for the Fiscal Year Ended December 31, 2004 		Form 6-K for the Fiscal Quarter Ended March 31, 2005 		File No. 0-13966 Dear Mr. Kusumoto: 	We have reviewed the responses in your letter filed on September 21, 2005 and have the following additional comments. Please understand that the purpose of our review process is to assist you in your compliance with the applicable disclosure requirements and to enhance the overall disclosure in your filing. We look forward to working with you in these respects. We welcome any questions you may have about our comment or on any other aspect of our review. Feel free to call us at the telephone numbers listed at the end of this letter. *	*	*	* Form 20-F for the Fiscal Year Ended December 31, 2004 General 1. In your response to comments 1, 2, and 10, you state, "We note your comment." Please confirm that you will revise your disclosure in future filings and show us what your revision will look like. Note 4. Loan and Receivables, page 36 2. We note your response to comment 8 in your letter dated September 21, 2005. We are still unclear how you accounted for the difference between the fair value of the asset received and the fair value of the loan written down for the receipt of the common shares of a public U.S. company with a market value of $306,530 for a loan receivable previously written down during the 2002 fiscal year in the amount of $108,065. Please refer to paragraph 18 of APB No. 29 in your response. *	*	*	* As appropriate, please respond to these comments within 10 business days or tell us when you will provide us with a response. Please furnish a letter that keys your responses to our comments and provides any requested supplemental information. Detailed response letters greatly facilitate our review. Please file your response letter on EDGAR. Please understand that we may have additional comments after reviewing your responses to our comments. You may contact Dave Irving, Staff Accountant, at (202) 551- 3321 if you have questions regarding comments on the financial statements and related matters. Please contact me at (202) 551- 3841 with any other questions. Sincerely, Michael Moran Branch Chief ?? ?? ?? ?? Mr. Tom S. Kusumoto Black Mountain Capital Corporation October 18, 2005 Page 2 of 2 2