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Sfmi is the best kept secret imo
Can't wait till the morning...... Glad I bought just before close.... All I can say
The big fish bought this with a target of .90 a share.... This is know for a fact and saw the buy order that resulted.....it's obvious what happened today.... Expect huge buys at ask in the am.....
Huge gap up tomorrow with new high.....new report out too... Will be fun!... Glad I bought at close
NEWS...... Finally what we wanted to see....
Product on it's way and cash in hand soon!!!!!!!!!
An email that I got from a very well respectable trader that I know:
I constantly get phone calls from Vancouver Junior Precious Metal stock promoters. I find many of these promoters are very knowledgeable and some have a lot of experience. The call yesterday was about young junior gold explorer with good properties in Peru and the Yukon. The Yukon deposit is an ore deposit at .7 gm/ton gold, the Peru deposit has .5gm/ton gold and some copper. The Co. spends $1 million/month (burn rate) exploring and drilling and has $2 million in the bank…good for 2 months. Of course, there are many more details but the best one is that people are paying 53 cents/share for it. That’s right 53 cents. So, here we have people paying 53 cents for an in-ground resource with less than 1gm/ton gold that still has to be dug out, transported, milled etc. Then we have SFMI with so far, min. 24 gm/ton already mined ore sitting on the ground…with estimates of portions of it being in the 2 to 4 ounce range…or 62 to 124 gm/ton. There are countless other examples.
What is obvious here is that the 53 cent stock is free trading and speculation is driving the stock. The other, SFMI at 15 cents today…is not free trading. Why? Because SFMI has the monster goods both in the 800,000 tons ore piles and in the mountain with geological estimates of up to 10 million ounces high grade gold/silver. It has to be kept down in order that no excitement develop…or it might take off and then the deal makers may have to pay much higher prices. It won’t work of course.
To quote Oryx: “The $75 "in ground" value for the 800k tons of already mined ore is low. There are no mining costs, and no 5-8 year delay for permits, financing, construction, mining, etc. SFMI is producing now. With $50/ton milling costs, doubled to account for hauling, smelting, etc., you still get a net of over $1000/t at an average 1 oz/t and $1300 gold. That's $800M, or $3 per share. And the 1 oz/t may be low, since the 0.75 oz SFMI used while getting the mill going is their "lower" grade.
There are estimates of 5-8M tons of Au eq in the mountain. Using $100/oz as a lower limit price for this (SFMI's mining costs will be very low, est. <$200/t) adds another $5-800M to the value, or a total of $5-6/share. I think those are conservative numbers.
So, if we all know this…( that many vigorously deny by their own opinion )…what do you suppose a deep- pocketed concern like a major producer is willing to pay for all the goodies SFMI undeniably has…worth up to $1 billion…or more? There are very few in the world…by the way. That, I suspect is just what is happening behind the scenes. There will be many players wanting a piece of the action...and with the prices of gold and silver escalating, the real value of SFMI’s resources is momentous. The urgency to get the right deal without showing one’s hand must be comical because one side knows what it holds and the buyer side is pretending the value is far too low. Then there are the intermediaries, MMs and all the other “players” greedily interjecting. PQ is in the catbird seat but has to deal with certain others that may be impediments at this time…because they want more than their fair share of course. He can take his time…they can’t.
So, what will it be? When will it be…as the stakes mount daily? Who will make the first move on a rare treasure trove in a safe environment that will double again and then triple or more in value over the next few years? If you had the financial resources and could make an offer today for $X …very high today…but that will be worth triple that in 2 years…what would you do? Your advisers/geologists have already told you the obvious …because they have had access to all the records and some no doubt have kicked around the site… that the property is very valuable. The Kinross boys know the property is very valuable…after all they once owned it and their Geos did reports on it. What is the best deal Pierre can make? After all the best deal he can make will also be the best deal for the shareholder. That’s just the way it is.
No matter how it all unfolds...the enemy of the suitors is time…as the competitive juices begin to flow…because the gold and silver rush has started and the race is to acquire those extremely rare, rich resources SFMI/GHDC holds…is on . The fact that the stock trades here at 15 cents is symbolic of the type of greed and power at play. One thing is certain….SFMI is worth at least $3 today…and on spec value, much, much more. Unless some incredible skullduggery is at play to steal SFMI, buying it at 15 cents is a crime in itself.
I have been doing months of research on JM companies and hypothesized that SFMI is clearly the best opportunity on ROI. It has everything you could ever ask for. Most are lightyears and billions or shares away from SFMI. The only reason why SFMI is lagging in the pps department is because of PQ. Let's be honest. But, let's also be honest with regards to Bill Gates. What was his record prior to Microsoft?!?!?!?!
You get my point.
Anyways, the business plan along with the resources must be considered, along with the current and expected gold prices. The fact that they didn't just blow into the sinker without making sure that they were financially independent was precious! In addition, they were competent enough to make sure they fine tuned that great mill that most other JM's wish they had....
I'm actually in the same boat as paid my way and his cohorts as I hope the pps drops. I'm loving the free money that's being sent my way by way of daytraders or shorters. Keep them coming.
Again, do your DD and just try to find a better opportunity with regard to an already perfect market!
I'd love that personally... But probably won't happen... There are too many people that know eyes that have seen proof of operation and so the opportunistic ROI has been confirmed. These tiny sales bringing the share price down a few ticks mean nothing except happiness for investors like me
Yes. I used his yes int email... He has always responded to me within 12hrs.... I always email him in the evening and he has always responded following day..... Incidently, his responses that were pre-8am eastern were followed by a 9:15 pr..... Might have been a coincidence but happened on 4 occasions.
I emailed RK with my questions and he responded first thing then very next morning. He was very upbeat and handled my 10 questions with no issues. I doubled my position the same day after i read his response since this price is way too low knowing what we know alone.....
That's funny... Took me 2 mins to find a host of articles and examples...
http://wiki.answers.com/Q/How_do_you_separate_gold_from_water
Sweet... So what does it look like? What color is the product? Can you actually see gold? Fill us in a bit
Spratt- very well said but where is the info you promised on what happened at the meeting? I mean seriously- I was looking forward to hearing from you as I see you as being a credible source
Here is a question..... Why are they waiting to smelter the product? I understand waiting to sell but why not smelt and have the gold dore in a safe? Where are they storing the composite???? Did anyone ask these questions?
Using the info provided today at today's meeting you can extrapolate sfmi's price per share at no less than 55 cents per share. And that's is low balling it immensely. Very excited about things!!!!
Paid- what's your guesstimate on what sfmi is valued as a company with all things considered- mill, tailings, property, current gold+silver values, etc...... Let's see just how smart you really are.
Very exciting news... Professional opinions are always welcome in my book.... Detractors don't control share price!
Gold at $1282 so far today and all I can think about is the fact that when this whole sfmi business model was devised gold was $600. When they first looked at the tailing piles and their oz/ton gold equivalent and hypothesized that there was more than enough to make money and be successful GOLD WAS WORTH MORE THAN HALF WHAT IT IS NOW! That either doubles our worth here, or doubles the chances for success..... However way you look at it it's amazing foresight by PQ and maybe a hint of luck for all of us. Today I was at the mall and all the jewelry stores had signs out front saying WE BUY GOLD. Even the well known national chains.... Never ever seen that before- a sign of the times and it's only gonna get more expensive! We are all very lucky here.... Load up before everyone else does once we become known...imho
All I know is if it wasn't good then we would have heard about it hours ago... Very exciting... IMO-better then a pr at the moment...
Lol.... Well, I'm pretty sure you have one of those correct...lol
Oh.... Ok. Let us know if you have a chance. Thanks
Have you heard anything from anyone regarding tonights meeting?
Are you thinking what I'm thinking????
Get your dry powder ready!
Any news from the GHDC meeting??? Someone please advise... Thanks
How do you know? Are you there? What else have you heard?
I was told by a friend who is a big commodities trader and he never ever deals with penny stocks but bought $300,000 worth of shares back in may at .12
He is also very familiar with the war eagle mountain and it's rich legacy. He also told me last year that gold was going to $1500. I told him no way and he laughed. Well, I didn't believe him on both accounts at first but later entered after I saw what was going on and after days of research. So, here I am- i-wish-I-knew-sooner
Incidently, this was my first ever stock purchase and have been trying to learn how to play the game ever since. I've got a lot to learn but I know how to read and use a calculator.
by the way, he has yet to sell a single share to date and has bought an additional $50k when it was at .12 last month......
My average is 22 cents per share and I'm smiling... This has all the ingredients to become a $6-$9 a share stock. If you extrapolate the proved/documented data and understand how to compute projected worth you are all in on this one. It's free money if you ask me! Imo
Chart wise- this is behaving the same way as it did back in May.... You all remember how fun those weeks were don't you....it's looking so sweet.
There are a TON of people begging for a retrace of .25 tomorrow ..... Would make a great entrypoint for someone on the sidelines....I for one will welcome it with dry powder!!
I don't believe that will happen though...you will see a rush to buy tomorrow followed by great news....very soild ground as of right now. Imo
Sure we do... Look at the assay reports. We are just awaiting the oz/ton that we are getting after adjustments to the mill.... The is plenty of info out there you just gotta dig alittle... Get it?.... Dig?....lol
Sure we do... Look at the assay reports. We are just awaiting the oz/ton that we are getting after adjustments to the mill.... The is plenty of info out there you just gotta dig alittle... Get it?.... Dig?....lol
IMO this will not be an issue..... These guys are excited to see us there on Friday.... There is a reason for this..
That's an easy one....HOLD - there is info to be released that will dwarf this tinny runup--remember, most are in at 30+ cents anyways so this really isn't a big deal.
I guess that won't happen then...lol
But seeing with your own eyes will yield much more than any scripted PR...
Oh..... Ok, was he definitive on before the SHM or did he use words like might or possibly?
It was always my thought that they would release the day after in order to reward those who attend and privy them before everyone else. Either way, I'm guessing we will be very pleased with the news
Isn't it against SEC rules to announce WHEN a PR is to be released? I believe that you can say a PR will be released with results but you cannot say when that PR will hit specifically. Am I wrong fellas? Please post the email that you got from RK......
The 15% due to GHDC is for certain tailing piles... Not all are subject to royalty. This has been confirmed by RK in one of my previous emails that I posted on here... In addition, the pile that's on deck is the Cumberland which is NOT subject to that 15% royalty and will be 100% SFMI... All in good time as the equipment is now fully operational and tested for optimum production results... This will be a fun 2 weeks!
Imo
Can someone please explain to me the history of this company? I see that the description says they deal with medical equipment yet everyone is talking about shoes....are the same principles envoled? Please advise as I have been told that this is a huge short term opportunity if I make a buy tomorrow
I look at those pics and see a HUGE crushed pile....so, I'd say they are doing something....
The few days before the q report is to be released will be crazy... I believe we will see major volume as those who follow sfmi will have their last chance to position themselves at these insanely low share prices we see today. It's going to be fun to see the thin walls crumble! This is definitely the calm before the storm and boy what a fun storm it will be!!