My top stocks SFMI & KBLB
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Just keep an eye on .055 IMO we can not hold that support line we are going down to my buy range of .04ish!
IMO someone knows the Q numbers and that is the real reason for the SP decline. Time will tell. Dry powder ready!
Nahh things are IMO looking just great for my low SP buys. While I like the news it is bad news IMO that the arab deal is not working out. Like most things with SFMI it takes 2 or 3 tries to get it right and then all good.
Symbol
SFMI
Last
0.063
Change
-0.0028
Bid
0.061
Ask
0.063
High
0.0658
Low
0.0605
Volume
108,860
Time (ET)
11:10:01 AM
Soon the 5 cent support range will tested. IMO it will not hold and then down to 4 cent range! We will see. I am most pleased(for me that is).
No one can think up anything to spin
WOO! WOO! closed in the green for a change.
there won't be a "bombshell" Q showing a burn rate of millions per month
I assume you mean there will not be ANOTHER bombshell showing more that 1 million burn rate per month as the SEC shows the 1st 6 months of this year are 1+ million per month.
IMO yes it would be a BOMBSHELL to have say 1.5 or YIKES 2 million per month burn for Q3 this year with NO, yes, NO sales at ALL for Q3 of 2011.
Yes IMO that will NOSE DIVE the SP of SFMI. Also more draconian language about funding operations for 2013 in question will also drive the SP down even more.
Time will tell if I get to buy in at 4 or 3 or 2 or 1 cent!
attended the share holders meeting are liars
burn is actually going to show an increase in revenue ?
Why?(STBSTE) I would think that most of the minors they are talking about are not burning 1-2 million a month with money running short.
Or?
If SFMI can stop the BURN and start the EARN then LONGS will be very happy. Sounds like a slogan we can get behind:
STOP THE BURN AND START THE EARN!
= STBSTE
I bet a PR firm could do well with this. STBSTE! I may have to change my tag line.....
need 6-7 of these million dollar bars to BREAK EVEN
The truth can not be removed. The bottom line is that more than likely 2011 will end with 12-20 million in loss due to BURN RATE.
This is why the SP is in the toilet IMO! Even 1-3 million in sales will not fix the BOMB SHELL of spending ALL IN this year.
Next year will be the winner so buy all you can at 2 cent range very very soon!
Good post = SP much lower IMO!
My wife hates it that I am always right. IMO I am spot on - on this one too.
Management believes before the conclusion of Dec. 2011, that SFMI will be able to show a nice revenue number from its operations.
Become PROFITABLE in 2012
OK for you I hope so for me I know I will be right. IMO we WILL see 4+ million all in for the last Q. That would be a SHOCKER and drive the SP down so fast no one can sell to me fast enough!
BTW it should make you go AGHDHHDHDHHHHH that 1:10 hrs into trading day and sill only 4k SFMI sold and ZERO GHDC sold as of yet. I am so happy to be out!
...this with AU & AG up strong today:
http://www.kitco.com/market/
one would think with millions be sold every day by SFMI the SP would go up but as others have said the price of AU & AG do not affect SFMI...what?
ZERO GHDC sales so far 4k SFMI so far-today!
One would think of the multi-millions in monthly sales suggested by posters that the SP would be going up up up on monster volume?
Maybe the SHOCKER Q that is, IMO as I have no other info, about to come out is known by those with big money and they are waiting to buy until the SP drops to 2-4 cent levels. I know I will.
Yes perfect IF BIG IF they can ship 2 million PER MONTH. They have not shown as of yet or posted 1 million sales any time ever. The Q that will soon be out will show if they sold anything. The Q out in Jan will show if they sold anything current Q.
BTW do you not think with the SP going towards 2 cents if, big if, they were shipping 2 million PER MONTH they would state that?
From the "hear say" at the SHM it sounds like PQ will be happy if they can ship more that 1 million in bars by year end (NOT 2 million per month).
But - if they can do it - great for longs. Me thinks I will be buying all the shares I want under 4 cents when the current Q BOMB SHELL hits!
PS I am not up late - I am enjoy a free trip to see the fall colors in Europe from my free shares I sold - thus I am 6 hrs ahead of you all!
This company will never show a profit.
500 SP buy to prop up SP again.
I know some are all giddy and will do it and smile but IMO it only hurts the value to SFMI to see these games.
Any selling pressure and SP goes down FAST.
IMO income of 1.5+ million a month would fix SP drop.
burn rate might be around 1 to 1.5 mil for a few months
get out of OTC.PK and back into OTC.BB
Be nice I believed that too until the BURN rate went over 1 million a month.
I just hope it does not top 1.5 million a month for last or this Q or the SP will be very very low by years end! (but I will be buying all the way down to 2 cents - lower and I get out again!)
I agree 100% under just 1 and only 1 condition. It is:
They make more than the spend!!! - (you can not GROW and just spend - ask OBAMA)
IMO that is not going to happen this year. No way no how! They will burn 7-10 million MORE last Q and this Q all in.
I will accept your $10k when I am buying at the levels I stated!
HA. Everyone is waiting to see just how bad (or good) the BURN rate will be for the last Q:
http://ih.advfn.com/p.php?pid=trades&symbol=SFMI
IMO smart money is waiting for the crushing blow of 4+ million in spend for the last Q and the forcast for the same or more for the last Q 2011 and the stock price to fall to the 2 to 4 cent range before lift in the 1st Q next year. I will be buying all the way down from 4 to 2 range and will pick up GHDC under 1 cent soon IMO.
Funny how that happens
The votes were of note to me this round:
Guess a few share holders are not happy with all the payments to DQ & CQ.
http://www.sec.gov/Archives/edgar/data/1464830/000109181811000559/sfmi093020118k.htm
Now IMO what may be a share price SHOCKER and drive the price down well below the 5 cent range is a Q report with say BURN RATE to run SFMI of WELL OVER 3+ million for the last Q. If say it is 4 or YIKES 5 million for the last Q then expect a SP of 2-3 cents IMO!
http://www.sec.gov/cgi-bin/browse-edgar?company=&match=&CIK=+%09+0001464830++&filenum=&State=&Country=&SIC=&owner=exclude&Find=Find+Companies&action=getcompany
Do you want to change your guess?
My guess is GHDC is .01ish and sfmi .04ish in 4 weeks when next PR hits.
EVERYONE on the sidelines will be jumping in
Refiner takes 25%
Of course, we don't know the actual amount the refiner will take (and, I think that is probably high)
So o'chart master where is bottom? .04 or lower?
(it does not look like it will take long to get there IMO)
http://midwestrefineries.com/ Why not for SFMI?
I can not for the life of me understand why SFMI did not stay in the GOLD old USA and use an American firm like this one:
http://midwestrefineries.com/
The fee's would have been low and they are great to work with!
Did we see revenue yet from the Gold sales?
When we do we'll rise above the doldrum
SFMI-has-been-as-low-as-.04,-and-was-at-.018-just-two-years-and-a-month-ago
The 10Q filed with the SEC
Where exactly does it say they spend 1m a month?
1/4 million shares @ .063 moving ever closer to by buy price of 4-5 cent range. One good PR(we all know the affect of PR's on share price) away IMO and I am back in
they are spending $1,000,000+ per month to run the entire company right now and their only source of $$$ is from stock = Pressure on the share price
ugg yikes wow
second item listed and it's in 2 parts.
http://www.goldgeologist.com/geologist-interviews.htm
why not ramp up the mill to run a 1000 tons a day and process the tailings faster
One of 2 things will happen with the new Q numbers IMO
1 - numbers will be better say 2 million or less for 3 months.
2 - total shocker of say 3.5-5 million for 3 months.
If 1, shows most of spending done to get where they are and moving forward with maybe money from tailings enough to make it to sinker output and profitability.
or 2, SFMI either runs out of money or big big big time loans & dilution to set in and SP goes to numbers even lower than my hoped for buy price.
Kinda like watch nascar - fun either way since I am out for now!
PS think of what :mothership: is worth SP if SFMI ends up at say 2 cents (maybe .005?)
1 week after SHM and SP-keeps-moving much lower. IMO due to uncertainty about liquidity to complete work and profitability will drive price down to 4 to 5 cent level.
I also think the results from the current Q will be 3-4 million in spend will also move the share price lower.
The PR on funding will be the last push to hit new lows before move up next year some time.
Some people think in terms of longer than one day
O that is good news can you tell me what else I don't need to worry about as well? Let's see...
100-200-300 SP BUYS - check
1+ million burn rate - check
payments to "mothership" start Jan 1 - check
LOC SEC cabashed - check
sinker output maybe in 2012 - check
OK anything else?:
I'm told not to worry about that stuff, LOL.