Santa Fe Gold Corp. (fka SFEG)

[MoeHoward]

Where are all the Pumpers? I thought I would have seen at least 100 posts on how positive the PR was about being revoked. All they had to do is agree to be revoked and magically find an auditor that would back them to go public again.

Why are they not clamoring for the new trade release PR.

[MoeHoward]

Don't use facts and truths. These people like lies, hyperbole, and lack of information...unicorns and rainbows is all the care about. They will have a better chance of finding Lucky's pot of gold in a Lucky Charms box than SFEG ever reappearing. Plus, if they do, they have no obligation to anyone holding shares of a defunct company. They can say what they want in any PR, but when they go public again, it can easily be a new company requiring new investment.

Just take your loss, let it be a lesson, and be done with it.

[lucky, mydog]

all anyone has to do to know that release was complete bullshit is to notice that no auditor was named.

[MoeHoward]

Do you think there will be an legitimate sponsor to back this company?

They have failed once, came out of bankruptcy, and put the company in the hands of 2 criminals. Maybe a mob boss would back them, but no legitimate company would want to touch them with a 10'pole.

[buckdawg]

Sorry Moe

https://www.globenewswire.com/news-release/2020/12/18/2147985/0/en/Santa-Fe-Gold-Announces-Plan-to-Resume-Trading.html

[gumzsa]

News out looks like they have a plan to start trading again. Whether or not they succeed is another story. Hope they do.

Santa Fe Gold Announces Plan to Resume Trading GlobeNewswire   "Press Releases"

ALBUQUERQUE, N.M. , Dec. 18, 2020 (GLOBE NEWSWIRE) -- Santa Fe Gold Corporation (OTC PINK: SFEG), (the Company) announced today that it is continuing to proceed with its plan to resume regular trading. The Company, because of not being current in its filings, was notified by the Securities & Exchange Commission (the Commission) that it was seeking de-registration of our common stock under Section 12 of the Securities Exchange Act of 1934 (the "Exchange Act"). The Company determined that the most expedient path was to settle with the Commission, agree to de-register our common stock (rather than spend the time and resources in litigating the matter), file a Form 10 registration statement to re-register our common stock under the Exchange Act, and work with a sponsor broker dealer to update our Form 15c-211 with FINRA . What transpired yesterday in the form of a trading halt was the result of the Companys settlement agreement with the SEC being accepted. We plan to file the Form 10 registration statement shortly with the goal to become a reporting company under the Exchange Act, engage a broker dealer to sponsor our 15c-211, and to resume trading, all as soon as possible. SFEG Chairman Brian Adair stated, Allowing our shareholders to trade the Companys common stock is a priority for me and management, and existing shareholders can be assured that the expedient resumption of trading is of the utmost importance to us.

About Santa Fe Gold

We are an exploration mining company engaged in the business of the acquisition and development of mines and mining properties as well as production from existingand developed mining and mineral properties.

Cautionary Note to Investors

The United States Securities and Exchange Commission ("SEC") limits disclosure for U.S. reporting purposes to mineral deposits that a company can economically and legally extract or produce and that are compliant with SEC Industry Guide 7. Investors are cautioned not to assume than any part or all of the proposed project in the Black hawk Mining District as contemplated in the letter agreement contains any mineral deposits that will ever be converted into resources or that any inferred mineral resource or measured and indicated resources exists or is economically or legally mineable. The proposed project does not contain any known proven or probably ore reserves or mineral resource compliant with SEC Industry Guide 7 reporting standards. Investors are urged to consider closely the disclosure set forth in TMRCs latest reports filed with the SEC.

Forward Looking Statements

This news release may contain Forward Looking Statements included within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether because of new information, future events or otherwise.

Contact:

Corporate Communications [e-mail]


Source: Santa Fe Gold Corporation

[MoeHoward]

Wow, I just read a few posts on SFEG. These naïve shareholders think that SFEG will restructure, open as a new public company, and they will be given free shares equivalent to the old SFEG shares.

As of right now, SFEG is technically a private company. They have NO obligation to shareholders at all. They have far more debtors that will wipe out any potential assets. If they choose to restructure as a new company, there is no financial incentive and no requirement to give free shares to people that owned part of the defunct company. People still cannot believe they were scammed and think they will get a $ for $ exchange to a new public company. They can't understand that there is a difference between bankruptcy and being revoked.

[MoeHoward]

@HopeHat, Want to repeat that statement from the other day?

[drobx]

Yeah, I understood that the two events were connected. BTW, thanks to all who were warning about the coming revocation. I did manage to sell most of my shares for 6 cents, but am stuck with 37K shares that I stubbornly refused to lower the price on. The shares are in an IRA account, so there will never be a reason to dispose of the shares (i.e. take a tax loss) if I can't sell them, so I might be stuck with them for life.

[lucky, mydog]

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160262957

[drobx]

On Etrade my open sell order has been cancelled (why oh why did I not reduce the sell price??). The symbol has now been replaced by a number: 80201E108.

[gumzsa]

Now whats the plan? Right now our shares are worth zero.

[lucky, mydog]

so now folks own shares in a private company. broker balances go to zero.

[Renee]

SFEG: registration revoked:

https://www.sec.gov/litigation/admin/2020/34-90692.pdf

[ktcougar]

FYI....
12/17/2020 08:35:41
12(j)Registration Revoked by SEC
12/17/2020 08:36:00
SFEG
Santa Fe Gold Corporation Common Stock
Other OTC

https://otce.finra.org/otce/dailyList

[Hopethat]

Just a friendly heads up that SFEG of today is not your SFEG of past. Rant, rail, rage against; wave conspiracy theories about; endlessly warn and shout about the certain impending doom to be levied by the SEC; remain absolute in your certainty that there is no mining and stockpiling currently; and the latest about the hidden GRIFTY motives of TRMC and SFEG agreement. All that.

I'm just saying you might, maybe wanna keep an open mind is all. Not saying you should buy, but am saying you will wish you did. But you'll have other chances along the way, will just be at higher price. Which doesn't necessarily mean you should buy now, as it is right to be skeptical if you really believe it. And I'll admit it is a bit of a leap of faith. I'm not discounting that. That's still some part of it, as it hard to connect the dots. But not impossible.

So all in all, just wait, I merely caution against you not being so certain that you're right about SFEG at this time. Happy Holidays. Stay Safe. Good luck to all!!

[MoeHoward]

You do realize that SFEG has had no cash in hand for many quarters now. They have had loan payments of over $250k per month they have not paid. The owners of the land and loan agreements will retake the land. The reason they are carefully wording what they make public is to keep the Lemmings in line. SFEG is done and will be revoked in the next 3-6 months. That is a fact. The people that are "running" SFEG is putting assets in writing to transfer ownership when they are revoked. This way you shareholders have nothing to go after even though you are dead last on the collection list.

SFEG is done. They have nothing and are nothing. If they did have something, all they need to do is show revenue and expenses. There is no revenue and expenses are greater than $250k per month. Even Adair is not throwing more money at this. In his PR's he stated he would buy shares at $0.08. Yeah, he ain't doing that either not when there no way to purchase them. He is writing all of SFEG off in 2020 taxes and pocketing PPP loans.

[buckdawg]

being very careful with this post


Can someone explain to me from the SFEG PR it says TMRC will get 50% of the company if the stock is revoked from a previous post

its a PR release on a feasibility study

here are clip from it

The area to be studied also includes a two-mile radius “area of Interest.” It is expected that upon completion of a “bankable feasibility study” TMRC and SFEG will jointly develop the deposit on an ownership basis of TMRC 50.5% and SFEG 49.5%, with TMRC the project operator. The letter agreement also provides TMRC the option to participate in other projects within the “area of interest” should SFEG elect to seek outside participation in their exploration and development.

TMRC is funding the project .


t is planned that exploration will be designed to proceed in phases, each based on the success of the previous, thereby limiting financial risk and expense.

Phase One is expected to focus on identifying shallow targets with close spaced electro-geophysical arrays from the surface and testing them with targeted diamond drill holes. The effective depth of penetration of this method remains uncertain but is estimated to be in the 75- to 150-foot range. We estimate a cost of approximately $500,000 for Phase One and, subject to regulatory permitting, weather and availability of contractors and equipment, will require up to nine months to complete.

[gumzsa]

They were one of the better brokers when it comes to restrictions but not many brokers allow grey sheet trading now and days regardless if they CE or not. I know schwab allows it.

[drobx]

Are you saying Etrade didn't suck in the past?

[gumzsa]

Thats because etrade sucks now

[drobx]

You can no longer buy this stock on Etrade. Below is a notification I received, informing that they will not allow purchase of shares of companies on the Caveat Emptor list. To see that SFEG is on the list, follow the link, click on the caveat emptor box. To find SFEG in the very long list you can filter on the price range (I used 0.05 to 0.06). Just to be sure I tried to initiate a buy order and confirmed that it won't let me do it.

Here is the link: https://www.otcmarkets.com/research/stock-screener
----
Effective November 21, 2020, E*TRADE customers will no longer be able to open positions in Caveat Emptor securities due to the risks associated with trading shares in these companies. Caveat Emptor securities currently held in accounts will be set to liquidation only, meaning you may close or continue to hold existing positions but no new or additional positions may be added. E*TRADE will also prohibit deposits and transfers in of Caveat Emptor securities as of the effective date.

What is a Caveat Emptor security?
Caveat Emptor is a designation that OTC Markets Group assigns to certain securities that present additional risks to investors as a result of trading suspensions or halts, undisclosed corporate actions, or investigations of fraud or other criminal activities, among other reasons.

Read more about the OTC Markets Group Caveat Emptor designation
View the current list of Caveat Emptor securities (check the Caveat Emptor box)
For more information regarding Caveat Emptor securities and the new trading restrictions beginning November 21, 2020, please click here.

As always, it is our privilege to serve you.

[MoeHoward]

Yes, the PR clearly states that SFEG is done and the properties will transfer to TMRC once revoked. That was a great press release detailing the corruption in the BoD of SFEG. Dan Gorski signed into an agreement to have 50.5% given to his company TMRC.

[gumzsa]

News out

Santa Fe Gold Signs Letter Agreement with Texas Mineral Resources Corp to Jointly Explore and Develop a Targeted Silver Property Within the Black Hawk Mining District in New Mexico

ALBUQUERQUE, N.M., Dec. 01, 2020 (GLOBE NEWSWIRE) -- Santa Fe Gold Corporation (OTCBB: SFEG) is pleased to announce the execution of a letter agreement to pursue, negotiate and subsequently enter into a joint venture agreement with Texas Mineral Resources Corp. (OTCQB:TMRC) to jointly explore and develop a targeted silver property to be selected by TMRC among patented and unpatented mining claims held by Santa Fe Gold within the Black Hawk Mining District in Grant County, New Mexico. Completion of a joint venture agreement is subject to the successful outcome of a multi-phase exploration plan to be undertaken in the near future by TMRC.

The Black Hawk Mining District is located approximately thirteen miles west of Silver City, New Mexico. As documented in USGS*, New Mexico** state reports, and Society of Mining Engineers*** reports, mineralization in this district, in general geological terms, consists of numerous, narrow carbonate veins containing high silver values in randomly distributed small lenses or “shoots”. It is one of a well-known geologic type of mineral deposit generally referred to as the “five element veins.” Worldwide, approximately twenty of these types of deposits have been identified, including the historically important silver mining camps of Cobalt, (Ontario, Canada), Joachimsthal, (Czech Republic), Anneberg, (Saxony) and the Port Radium district in Northwest Territory, (Canada). The signature characteristics of these types of deposits, as reported, are high silver grades and its occurrence as native (metallic) silver, as well as the modest size of these historic mines relative to their productivity.

The two principal historic mines in the Black Hawk district, the Black Hawk and the Alhambra, operated in the early 1890’s and both closed after the silver price collapse of 1893. Engineering grade information from these mines is non-existent. However, we believe that available information suggests that this mineralization may respond well to state-of-the art electro-geophysical exploration methods. If this cost effective method can be used to identify and precisely locate these ore shoots, and avoid the prohibitively expensive, traditional method of statistically drilling of the vein with angled holes from the surface, potential for economically viable mining operations may exist.

Under terms of the letter agreement TMRC plans to conduct a district-wide evaluation among the patented and unpatented claims held by Santa Fe Gold consisting of geologic mapping, sampling, trenching, radiometric surveying, geophysics, drilling and/or other methods as warranted. Based on the district-wide evaluation, TMRC will designate one 80-acre tract as the “Project Area” and commence, at its expense, detailed exploration work. The property covered in the letter agreement is approximately 1,300 acres and covers approximately 75% of the known mining district. The area to be studied also includes a two-mile radius “area of Interest”. It is expected that upon completion of a “bankable feasibility study” TMRC and SFEG will then jointly fund and develop the deposit on an ownership basis of TMRC 50.5% and SFEG 49.5%, with TMRC serving as the project operator. The letter agreement also provides TMRC the option to participate in other projects within the “area of interest” should SFEG elect to seek outside participation in their exploration and development.

“We are pleased with this opportunity to participate with TMRC in this project, and to have the benefit of TMRC’s technical expertise”, stated Brian Adair, chairman. Mr. Adair also stated, “this opportunity advances potential development of this property significantly sooner than we planned."

A Multi-Phase Exploration Plan

It is planned that exploration will be designed to proceed in phases, each based on the success of the previous, thereby limiting financial risk and expense.

Phase One is expected to focus on identifying shallow targets with close spaced electro-geophysical arrays from the surface and testing them with targeted diamond drill holes. The effective depth of penetration of this method remains uncertain but is estimated to be in the 75 to 150-foot range. We estimate that, subject to regulatory permitting, weather and availability of contractors and equipment, will require up to nine months to complete Phase One.

Phase Two, assuming Phase One is successful, is expected to include drilling of a series of percussion drill holes parallel to the vein at a relatively close spacing to a nominal depth of 500 feet. Geophysical surveying will likely be conducted by placing electrodes at varying intervals within the drill holes. Number, spacing and depth of these “survey holes” will be determined by the results of Phase One.

Phase Three, assuming Phase Two is successful, is expected to consist of deepening the “survey holes” and extending the geophysical survey to depth.

“We believe the successful completion of Phase One may prove the concept of applying state of the art geophysical technology to precisely locate and develop these small, high value targets”, stated Dan Gorski, director of Santa Fe Gold. “Additionally, the advantages of low tonnage mining operations with offsite processing and footprints of 10 acres or less for an individual mine is attractive in today’s economic and regulatory climate.”

Footnotes:

*Gillerman E. and Whitebread D. H. (1956) Uranium Bearing Nickel-Cobalt-Native Silver Deposits, Black Hawk District, Grant county New Mexico, USGS Bull 1009-K.

https://bit.ly/33wbUtb

**Gillerman E, (1964) Mineral Deposits of Western Grant County, New Mexico, New Mexico Bureau of Mines & Mineral Resources, Bulletin 83, p142-151.

https://bit.ly/3o9WgLP

***Gillerman E, (1959) Alhambra Cobalt-Nickel-Silver Deposit, Black Hawk District, New Mexico, Society of Mining Engineers of AIME, Preprint No. 59-I105

https://bit.ly/3mnioC0

About Santa Fe Gold

We are an exploration mining company engaged in the business of the acquisition and development of mines and mining properties as well as production from existing and developed mining and mineral properties.

Cautionary Note to Investors

The United States Securities and Exchange Commission ("SEC") limits disclosure for U.S. reporting purposes to mineral deposits that a company can economically and legally extract or produce and that are compliant with SEC Industry Guide 7. Investors are cautioned not to assume than any part or all of the proposed project in the Black hawk Mining District as contemplated in the letter agreement contains any mineral deposits that will ever be converted into resources or that any inferred mineral resource or measured and indicated resources exists or is economically or legally mineable. The proposed project does not contain any known proven or probably ore reserves or mineral resource compliant with SEC Industry Guide 7 reporting standards. Investors are urged to consider closely the disclosure set forth in TMRC’s latest reports filed with the SEC.

Forward Looking Statements

This news release may contain Forward Looking Statements included within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:

Corporate Communications

[e-mail]



Source: Santa Fe Gold Corporation
© 2020 GlobeNewswire, Inc.

[MoeHoward]

The latest PR proves the corruption even in the Board. SFEG just signed a letter of agreement giving TMRC (Daniel Gorski's company) 50.5% majority share of almost all of SFEG's properties. This solidifies they know they will be revoked and gave ownership to TMRC when they go under. I don't know how someone on a BoD for a public company can recommend giving majority ownership to his own company. Get the KY ready shareholders, they are going elbow deep now with your money.

Your shares are now worth nothing. No where in the letter there is an agreement for the shareholders. You are basically being used.

[gumzsa]

Its been trading at pre suspension prices for months on the greys. Been alot of shares traded not too worried about it. Anyone who wanted out could get out and for those of us that want to take the risk and see it through are holding. Obviously I know most suspensions end badly but I have never really seen a company keep putting out SEC filings to get caught up after a suspension either. If they thought they were toast I dont think they would bother. But who knows.

[elkonig]

Its too late for SFEG now. Trying to lock the barn door after the horse has laready bolted doesnt work.
If SFEG doesnt get revoked shortly it will just stew on the OTC expert market without any public bids and asks forever.

[lucky, mydog]

https://www.sec.gov/litigation/admin/2020/34-90369.pdf

[gumzsa]

another 10Q out


http://archive.fast-edgar.com/20201028/AQL2P22CZ222NTZ2222C2ZZWA4MKSH22G222/

[gumzsa]

10Q out

http://archive.fast-edgar.com/20201027/AULZP22CZ222NTZ2222C2ZZVA9MKZH22G222/

[Hopethat]

Wow. If you only knew how the specifics of the mining permit works in the real world. Or you do know, and persist anyway. Doesn't matter. Just keep on watching.

[Hopethat]

You just don't get it. Just have to wait and see.

[MoeHoward]

Watch? Maybe. Invest money? I could give you 100M better ways and places to put it. Investing in Enron would be better than this stock.

[Nfixus]

Is Santa Fe Gold A Better Gold Stock to Watch Now?

https://pennystocks.news/is-santa-fe-gold-a-better-gold-stock-to-watch-now-sfeg/

[MoeHoward]

Mining Permit Number?

Just curious how a mining company can operate without one. MSHA is probably more stringent than OSHA. As a mining company, SFEG should have one, but they don't.

[MoeHoward]

@lucky.mydog You are 100% correct. The swindled investors in this company thing this is a huge positive. A 77-year old CFO from a company that lost 99% of its value over the last 9 years. That gives me a ton of confidence.

[lucky, mydog]

company says, "let's see what we can do to pump this shit?" oh yeah, let's put out an out of date p.r. that proves we don't follow sec regulations by not putting out an 8K within four days of a significant event. we can use a really old guy who won't care, or maybe doesn't even know.

[MoeHoward]

I would call that news. I would call that withholding information. If he has been the CFO since July, that should have been announced with an SEC filing. Interesting how this all took place a week after being suspended, knowing Mueller was screwed, and never announcing it. Then, he is a 70 year old that never did anything for the other company he worked for.

This is pretty sad for the direction of a company trying to not be revoked. I think this guarantees being revoked now.

[gumzsa]

News out. New CFO.

Santa Fe Gold Appoints New CFO And Corporate Secretary

ALBUQUERQUE, N.M., Oct. 02, 2020 (GLOBE NEWSWIRE) -- Santa Fe Gold Corporation (OTCBB: SFEG) is pleased to announce the appointment of Steve Antol, as Chief Financial Officer and Corporate Secretary, which became effective on July 7, 2020.

Stephen J. Antol, age 77, previously served as the El Capitan Precious Metals, Inc. Chief Financial Officer from November 2004 to May 2007 and from April 2009 to March 2020. The Company is currently inactive.

Mr. Antol has been a consultant to Santa Fe Gold Corporation since mid-2005 when he was retained by prior management to assist in bringing the Company current in its accounting and financial reporting with the United States Securities and Exchange Commission. He remained as a consultant to the company assisting in the financial quarterly and annual reports and the annual audits. Effective July 7, 2020, Mr. Antol was appointed chief financial officer for the Company.

Mr. Antol received a Bachelor of Arts degree from Michigan State University in December 1968 and became a licensed Certified Public Accountant in mid-1970. He no longer practices as a licensed CPA. Mr. Antol also has four and a half years audit and tax experience with two major certified public accounting firms in Phoenix, Arizona.

In mid-1973 Mr. Antol left the public accounting sector and entered the business sector as controller for a multi-state retailer. From mid-1975 to mid-1987 he was employed by Giant Industries, Inc., an independent refiner and marketer of petroleum products, in such capacities as Corporate Controller and later as Corporate Treasurer. As the controller, he oversaw the company installing its first internal data processing system. The company expanded from revenue of $40 million to $325 million in revenue during his tenure. During this period of time the company also completed a $60 million refinery acquisition in New Mexico.

During the period mid-1987 to November 2004, Mr. Antol rendered services as a consultant chief financial officer for a number of small and medium-size businesses, both public and private companies requiring technical expertise on a limited and/or recurring basis. Also, during this period worked closely with a Phoenix CPA firm on a $10 million dollar IPO and 1990 to mid-1992 was hired as chief financial officer for a Phoenix high end furniture retail store that had to close during the economic downturn in 1992.

Mr. Antol replaced Frank Mueller as CFO. Mr. Mueller became the manager of mining operations for Santa Fe Gold.

About Santa Fe Gold

We are an exploration mining company engaged in the business of the acquisition and development of mines and mining properties as well as production from existing and developed mining and mineral properties.

Contact Corporate Communications

[e-mail]

Forward Looking Statements

This news release may contain Forward Looking Statements included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.





Source: Santa Fe Gold Corporation
© 2020 GlobeNewswire, Inc.

[MoeHoward]

Laughing even more now. With Frank Mueller removed, there is no one at SFEG. This just solidifies the end of SFEG and being revoked on the exchange is probably escalating faster.

Adair: Chairman, but just a money bank who will write the losses off on taxes.

Gorski: Technical Advisor of nothing. He runs his own company and has no involvement other than a title and collecting a check.

Mueller: No longer CFO and cannot be part be in charge of any penny stock out there. He has a private LLC which will probably acquire whatever limited assets SFEG "owned".


Get out now while there are some lemmings that still exist out there.

[Hopethat]

A priest, a rabbi and a miner walk into a bar in Santa Fe

The Priest and the Rabbi are talking about collections being down; no one has been giving. And the miner listens, very sympathetic. Though neither Jewish or Catholic, just a guy with a big heart and spirit. He feels bad for them and says, "Ah heck you two, not only will I buy the first round but I just happen to know where a big pile of gold is, huge, out-a-ways in the desert, just sitting there, doing nothing. Drink up and let's head out, we'll go load up a few loads for each of you. These people, the fellas who own these mines, a company called Santa Fe Gold, aren't doing anything with it. They just pile it up. Keep making piles. Then it just sits there. It's the darndest thing. So I'm sure they won't mind."

[gumzsa]

Looks like he settled.

Without admitting or denying the allegations, Mueller consented to a permanent injunction, a $50,000 civil penalty, and five-year officer and director and penny stock bars. The proposed settlement is subject to district court approval.

[lucky, mydog]

SEC Charges Former Mining Executive with Making False Statements

https://www.sec.gov/litigation/litreleases/2020/lr24917.htm

https://www.sec.gov/litigation/complaints/2020/comp24917.pdf

[Hopethat]

My apologies. Hard to keep track. If you liked it then, then you gotta like it now. It's got some energy, enoughish money and get-after-it behind it now. Drilling, piling ore, expanding their producing footprint, lean and mean but that's ok as long as focus is strong, near-term achievable and goal driven. All good.

[gumzsa]

Exactly! I think that guy has me confused with someone else. lol

[gumzsa]

What are you talking about? Ive always liked the potential of SFEG. Been holding a bunch of shares for years. Only thing that has ever frustrated me was their lack of getting their financials up to date, hence why they got suspended.

[buckdawg]

Hopethat you are missing the point Gumsaa is making he has been positive on all of his posts giving information on 10K I agree with your post Very excited about the next 3 months as he said sell now or enjoy the rewards read the last Press Release so much positive news in it

[buckdawg]

I agree with you Hopethat on the positive press release i think you misread Gumzsa message He has always been positive with news on financials and says there is strong volume

[lucky, mydog]

folks that just want to dismiss the FACT that sfeg is eventually going to be revoked do so at their own peril. all of a sudden, one day, and you won't know when it is, the ticker symbol will cease to exist.

[Hopethat]

Gumzaa you are missing the entire point of the SFEG of 2020. Your old narrative is tired. I'm just trying to do you a favor. I doubt you will come around about SFEG, but I'll throw this post your way. Many on this board are like you, leading with their bias, with the blinders of being wedded to SFEG's past stopping you from looking at this with a fresh pair of eyes. Part of it is understandable but you are reading the history wrong and the players you want to find fault with in today's SFEG are not the bad guys. And you all are thinking too much. Again understandable but you tend to get lost in a ball of yarn of your own ruminating. I'm not even suggesting you buy shares. Not my point. I'd really just want to take solace in that a month or two or three down the road when you see the movement and the operational trajectory, and the hurdles start to be well, hurdled, you'll know you had your chances and you simply--even if understandably to a degree--got it so wrong.

Read that press release over with a different slant maybe?

Good luck. Stay tuned.