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been a long time since we have had over 1 million shares traded in the first 15 minutes
RE: JV partner possible name(s).
While I agree Hebei may have a role in this JV, I think it may be worth considering that they will be more involved in the spin-off of Shining Tree (remember Hebei Wan is translated as "1000 pieces of gold mining companies"). Also, the Hebei Wan reference was in an article published a couple of months ago.
I believe that the primary in the announced JV will be Shandong. They are the ones that were in attendance at the DD visit to Nemegosenda, and they were the ones at the recent trip Scott took to China pictured with the slide show, etc. I cannot recall now, but I believe they are among China's largest miners, and have complete cycle production, from mine to steel mill. They are very capable of taking on our "little" project.
Just food for thought. Who knows, maybe they both will be partnering with us, maybe neither.
Also, Congratulations dolphin
did we just lose about 70k shares from the volume? Or is etrade just messing up?
big hits taking us to 27
you beat me to it - that would sure make for a nice weekend and start to next week. fingers crossed...
It seems some would prefer Scott show up at their home to hold their hand through what should be one of the simplest investment decisions, rather than be off gallivanting across the globe... building the company.
Ouch! I'd imagine any interest, or ability to do anything on that interest, he may have had in SFMI has suddenly waned...
Brazilian mining magnate Eike Batista loves to talk in superlatives.
He's the richest man in Brazil and talks frequently about becoming the richest man in the world. His autobiography is sub-titled "The Path of Brazil's Greatest Entrepreneur." And whether it's racing speedboats or marrying Playboy models, he lives life to the maximum.
But now, Brazil's Donald Trump may have set a new record - for the largest amount of wealth lost in 48 hours.
[More From CNBC: Turning a Business Into a One-Way Ticket to Paradise]
According to an article in the Los Angeles Times, Batista lost $6 billion of his paper fortune in two days as the stock of his oil company plunged 40 percent in two days in June.
The immediate problem was that his company cut production targets. The larger issue is that the perpetual promoter described as a "one-bubble man" has a history of promising more than he can deliver. And, of course, he has ridden the Brazilian asset-boom all the way to the top.
Batista's fall may, in fact, make him the King of the High-Beta Rich. In our current age of sudden wealth and sudden-wealth loss, where fortunes are tied to quick-trading paper rather than real assets, it's hard to find another case where someone has lost so much money so quickly.
Batista is still rich, with a total fortune at $15 billion, or half of his previous peak of $30 billion. And there may be others who have lost a larger percentage of their wealth in 48 hours. But losing $6 billion in 48 hours appears to be a record in recent history.
http://finance.yahoo.com/news/lose-6-billion-48-hours-155736888.html
Hopefully, today was just letting out some folks who bought in the teens, and have little foresight or patience to travel further up the SRSR trail. We held very well, and hopefully tomorrow we can continue upwards.
Another blast from the past and for new people to SRSR... this link has great photos of some of the activities getting us to where we are today
http://www.tomfreeman.net/Business/Sarissa/6337505_RPKPpX#!i=483669692&k=Fu8cw
This is a ton of volume at 24. Anyone with lvl2 know when we might break through?
In addition, the two gentlemen sitting to Scott's right look very much like the two in the picture from the DD visit.
Something Scott may be mulling over? ...
Shandong Energy Linyi Mining Plans to Acquire Rocklands Richfield Ltd. for $209.7m - Deal Analysis from GlobalData
Print article
2012-06-01 03:55:11 - Fast Market Research recommends "Shandong Energy Linyi Mining Plans to Acquire Rocklands Richfield Ltd. for $209.7m - Deal Analysis from GlobalData" from GlobalData, now available
Shandong Energy Linyi Mining Group Co., a state-owned Chinese company, intends to acquire all the issued and outstanding shares of Rocklands Richfield Limited (RCI), a coal exploration company, at a price between AUD0.52 ($0.54) and AUD0.562 ($0.582) per share. The transaction is valued at up to AUD202.4m ($209.7m). The offering price represents a premium of 79.94% to RCI's last traded price of AUD0.29 ($0.3) per share.
Wow! On the picture is named Huibaoling Iron Mine, which a very quick google search led to this...
On June 16, Shandong Province-based Chinese miner Shandong Energy Linyi Mining Group held a ceremony to mark the official start of mining operations at its Huibaoling iron ore mine, as reported by China Economic Herald.
Huibaoling iron ore mine, which is expected to have an annual output capacity of 3 million mt of iron ore and 75,000 mt of iron ore concentrate, will be the first iron ore mine in Shandong Province with an annual output capacity of 3 million mt.
from wikipedia...
Shandong Energy Group Company is a state owned coal-mining company headquartered in Jinan, Shandong, China. It is among the seven largest Chinese coal companies.[1] The group was created in March 2011 by merging six existing coal mining companies. These companies included Xinwen Mining Group, Zaozhuang Mining Group, Zibo Mining Group, Feicheng Mining Group, Linyi Mining Group and Longkou Mining Group.[2][3] As of February 2012, it has started restructuring to prepare the company for public listing.[4]
I am sure it is just semantics... but I would hope that share action would have nothing to do with whether or not he brought home a deal, since nothing has been PR'd. Rather, it seems either not many know he went, or not many EXPECT he returned with a deal.
Frankly, I am hopeful he surprises us all with a huge announcement next week.
Just FYI...
Yes Scott has just got back from China and no it wasn't a vacation. Work continues and hopefully in the near future he will be able to provide an update.
Regards,
Merle
Nice pickup in volume after such a slow morning. Seems the PR today is well received.
According to Merle, Scott is already back. Hopefully they will have something to PR early next week.
The sarcasm is boring. I am guessing you did not receive the email, nor have you had a chance to see the selective highlighting that is the cause of the questioning.
Like you guys, I am very curious about this email from Merle today. Is he really speaking to us "in code"? If so, then this could be incredibly exciting for us, but also begs the question "how much longer do we wait?"
LOL at anyone believing that a college education is requisite to running a mining operation, or any business for that matter. To even try to use this "question" as material for disproving Scott's qualifications or ability to get SRSR to profitability is asinine at best.
BTW... I have a master's degree, own one company, and I am about to start a second.
Please check my math, because I am unsure if I am using the correct conversions...
10 tonnes = 321507.5 troy ounces
Say only 30% is gold comes to 96452 ounces gold
Gold currently at $1795/ounce
comes to $173,131,770.30
Surely my math is off somewhere, right?
Please show how you arrived at $1,000,000+ per month in expenses.
SILVER FALCON MINING, INC. (SFMI) Adds Assay Reports to its Website and Provides 2012 outlook
Bradenton, Florida September 19, 2011 - Silver Falcon Mining, Inc. (OTC:SFMI), announces that its fire assays (FAV) results from January 1- August 31, 2011, listed from lowest to highest values, are now present on SFMI’s website, http://www.silverfalconmining.com/Assays/SFMI_FEED_ASSAYS_2011.pdf. Company’s management invites shareholders and other interested parties to visit this link. Going forward, assays values will be updated regularly and these published figures clearly state the present value of the ore fed to the mill.
NOTE: The Diamond Creek Mill ‘s closed circuit milling process keeps material in circulation in the mill until the concentrator component removes the precious metals and sends them to the concentrate tank; SFMI cannot precisely gauge the amount of Gold and Silver produced daily until the concentrate reaches the smelting process.
SFMI, in order to increase its silver recovery, a close-circuit leaching system will be purchased which will greatly increase silver concentrate values.
Additionally, the weblink referencing the historical valuations has been revised to include and reflect recent valuations of SFMI’s property and related prices of precious metal.
Based on the known quality of the ore which will be fed to the mill in 2012, the Company anticipates ramping up its production to 100 to150 tons per day. The present mill building is being extended an additional 40 feet in length. This expansion provides additional square footage, allowing the install of additional milling components for increase in through-put rates.
The Company maintains a continuous smelting schedule of precious metal dore bars. The proceeds derived from shipping these dore bars to the refinery will be inked as revenue into the current 2011 calendar year-end financials. The Company maintains an advanced and sophisticated mill site security, as it grows its remaining 2011 production and the anticipated 2012 productions schedule.
Currently, the Company recently began hauling pre-determined ore from atop War Eagle Mountain in sufficient quantities, allowing for a smooth and uninterrupted source of the mill feed during the 2012 winter season. The expansion of the fenced storage yard will allow for greater quantities of ore to be stored in anticipation of the future expansion of the mill circuit.
Mr. Roger Scammell has already begun the process of expanding the geology department, and SFMI is reaching out to qualified individuals to head its underground mining operation. A Canadian “National Instrument 43-101” (NI 43-101) will be filed in 2012, beginning an unbiased evaluation of the Company's probable and confirmed reserves inside of War Eagle Mountain. This document will be a work- in-progress, as it requires opinions, examination, and evaluation based on core drillings.
Pierre Quilliam, CEO of SFMI said, “I am very encouraged by the results of our operation to date, and I am very excited to be reporting to the shareholders present at our annual shareholders meeting this week, Friday, September 23, 2011. We have gone through an exciting 12 months since the last time that I had the opportunity to show our shareholders what has been accomplished since their last visit. Shareholders present at this year annual meeting, can see for themselves the immense scope of SFMI current and on-going operations.”
Quality Assurance and Quality Control (QA/QC)
Silver Falcon’s exploration and development program is supervised by Roger Scammell, P. Geo. Exploration conducted under strict QA/QC protocols, including mineralized standards. Half of all sampled core will be retained for future reference, and analyses will be performed by our laboratory on site and by an Independent laboratory to be named at the beginning of core drilling operations.
About Silver Falcon Mining, Inc.
SFMI has mineral rights to approximately 2,000 acres on War Eagle Mountain in southern Idaho. Its 100% owned Diamond Creek Mill is situated at the foot of War Eagle Mountain and is serviced by 6.2 miles of paved roads from State Highway 78. It maintains year round access to the Sinker Tunnel which will facilitate underground mining of the rich veins crisscrossing the mountain and employs a mining oriented local workforce.
Further Information contact: Rich Kaiser, Investor Relations, 800-631-8127 and/or visit http://www.silverfalconmining.com.
SFMI cautions that statements made in press release constitute forward-looking statements, and makes no guarantees of future performance and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at time statements are made.
If you have received this release in error or would like to be removed from further notifications, send “REMOVE-SFMI” to yes@yesinternational.com or call 757-306-6090
SFMI.OTCQB
"New to the Street" TV Show Talks Gold Mining with a Profile of Silver Falcon Mining, Inc.
Font size: A | A | A
1:27 PM ET 9/8/11 | BusinessWire
New To The Street, a television show that profiles public companies, advertises and markets their products and services, and provides business news, will interview Rich Kaiser, Investor Relations for Silver Falcon Mining, Inc. (OTC: SFMI) a precious metal producer, developer and explorer of its mineral resource properties, primarily in Owyhee County, Idaho, USA, with the objective of being a profitable, low-cost, precious metal producer.
Mr. Rich Kaiser, Investor Relations, SFMI, states, "This show gives both the domestic/international investment communities and mining industry a fluid overview of the positive on-going fundamentals at SFMI's gold production and mining operations. As the Company continues to advance its Idaho War Eagle Mountain mining operations, I believe that 'NEW TO THE STREET' can provide a continuous ON-AIR flow of information."
This interview is a first of a series of profiles about Silver Falcon Mining, Inc.'s gold production and mining operations.
Pierre Quilliam, CEO of SFMI, states, "We would like to thank the producers of 'NEW TO THE STREET' for developing an informative show about our mining operations. The syndication of this TV program, which discusses SFMI's current gold/silver production and mining operations in Idaho, should attract and inform viewers, both shareholders and investors alike, about the Company's on-going successes."
Silver Falcon Mining, Inc.(www.silverfalconmining.com) cautions that the statements made in this press release constitute forward-looking statements, and makes no guarantees of future performance and actual results or developments may differ materially from the projections in the forward-looking statements. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made.
About New To The Street
New To The Street paves the way to the latest financial issues, offering a blend of business and financial services news reporting and in-depth interviews relating to new products, economic analysis and public company profiles. New to the Street is produced by FMW Media Works Corp. a leading provider of business profiles and corporate special programming,and airs as paid-programming on ION Media Networks, and airs in the United States reaching more than 95 million homes, Canada reaching more than 5.3 million homes and select International stations.
Visit www.newtothestreet.com.
SOURCE: FMW Media Works Corp.
New To The Street
Vincent Caruso, 800-796-2735
vcaruso@newtothestreet.com
www.NewToTheStreet.com
It has been fun helping you get to that record, but it is time for bed. Nighty night.
Didn't you mean to say that you think RS is going to wake up one morning and realize... "oh man, what have we been doing? This isn't even WEM!!! We have been drilling in Arizona!!! What were we thinking? Well, since we have blown through 30 million dollars getting my car new tires, I guess we might have to wait a couple more years to scam more investors out of some money before we move the drill north a couple miles..."
please tell me you are not a native Texan
In the spirit of what is allowable on this board...
you are right EboJr... the company has unquestionably been sitting on their thumbs for the last several months. The 17 ounce bar is all this company will be able to produce for the forseeable future, and the plans to scam investors is running full bore. There is no proof to support any other conclusion. Of course, there is no proof to support this conclusion, either, but it sounds so dramatic.
For confirmation that the gold exists, look here...
http://www.silverfalconmining.com/
Although we do not have the name of the person(s) who poured it, the person(s) who busied themselves picking their nose while it was being poured, or any other nitpicking details, to deny that it was poured is foolish. I am sorry you were not able to get in at the price you have been trying to bash it down to, but maybe you should just put down the sour grapes and buy.
Actually, the fact there was a video out there (at the time) that highlighted the current status and goals for SFMI, was exciting. The questions I had were what was the source, and via what media it was to be delivered.
But still you are taking a wide berth around the questions asked you. What are the source(s) for your comments?
oh, and btw... does typing in all caps mean you are cool?
Thank you, Hurricane. I appreciate the unbiased chart analysis you give, and your seemingly uncanny ability to see what is going on and going to happen with share price here.
Hurricane, where do you get your charts from that you use for analysis and show on here from time to time? What are the charts suggesting now? Thanks.
That video is pretty exciting. I Have never heard of the program, though. Is that a tv program, or just on youtube?
So... RB - where do you think this will land? I was thinking of around .04 or .05
I am a little confused by this in the first sentence in the PR.
"Silver Falcon Mining, Inc. (OTC.BB:SFMI - News) announces that for the first three months of 2011, the Company processed 3005 tonnes of Oso Tailings to produce 2.61 tonnes of concentrate containing an average of 81.19 oz. of gold and 94.97 oz. of silver."
It seems like the sentence is missing a "per... something" if it is an average.
Not hyperbole - it looks more like parabol(ic)