I like 100SP BUY @ open who in there right mind would BUY just 100 shares? Even with a discount broker 100% net loss.

Humm....

Txs and I hope SFMI either gets a great buy out or does a core drill that shows soon billions (with a B) are soon to come and the share price goes to the moon.

Now I hope I am right and there will be a PR about next finance deal and I can get in on this rocket at a lower price. If not, very very happy for the longs who are like you eddy. Make a million and retire and enjoy the good like - I will buy you a beer and say well done!

PR firm does seem to like iHUB and to read our posts:

YESInvestor Yes International
So cost are on the high end at $SFMI $7000 per day which would include both mill and G&A/exploration. $210,000 per month on the high end.

Yes International
YESInvestor Yes International
$SFMI-Shareholder meeting was a great success; some confusion on burn- rate cost, $4000.00 per day mill and $1500-3000 per day G &A cost.

http://twitter.com/#!/yesinvestor


Too bad the facts in the public 10Q show the full truth of the cost to run the company are $1 million per month.

Ah, 200 SP BUY paint today gott'a love playing with the SP with 200 buys!

Yes you are correct. But:

If you break it down that way

1) how much for mill - ok we know that number
2) how much for G&A - ok we know that number
3) how much for coffee - we just don't know do we?
4) how much for TP paper - we just don't know!


What we do know is according to the 10Q the TOTAL ALL IN BURN rate to RUN SFMI, all of it, not just for coffee, is:

1+ Million per month. End of story.

BTW OX I never ever said SFMI will have a hard time finding money. It will be simple. They have everything going for them.

But, when they then get that money, there will be dilution! BTW, where is your source that states SFMI has NOT touched one penny of the 7+ million line? Would love to know. TXS!

10q says 1 million month or are you saying the filings are wrong?

Please edit as that is $34K PER DAY or 1+ million per month at the 10Q shows!




So we hope for 1-3 million in sales by year end. We know we will burn 3 million more by year end!

Plus, keep that 100K per month add-on starting Jan 1st as we all know they must start paying "mother ship then" right?

I forget nothing. I am no company basher. Love SFMI. I agree with my respected dc and well as ox and other who are pro SFMI. Long term there is no way this will loose.

SHORT TERM people. Short term bad news hurts share price. We have seen this for a long time. If I double my chicken barns capacity but don't fill them with chickens I will have no eggs?!? Right. Once the "damn" chickens are in there we are ready for omelets!

The day the PR hits with news of more money to carry SFMI through to completion and profit the SP will drop, I will buy, and accept the kudo's and enjoy the ride up next year with you all! (my grand plan and we will see - if not my other stocks are doing very well).

OMG you are so right!

at 7 cents per share that works out to:

4.1 days of funding they can access unless they can make the money on the tailings.

Things are MUCH WORSE than I could have dreamed. Thanks for the update I will stay clear until lower levels!


http://www.barchart.com/opinions/stocks/SFMI


http://www.americanbulls.com/StockPage.asp?CompanyTicker=sfmi&MarketTicker=OTC&Typ=S


http://www.investorpoint.com/stock/SFMI-Silver+Falcon+Mining+Inc./share-information/

For longs I hope I AM WRONG 100% wrong. But IMO I am spot on and I will again make a bunch of cash when I am right. But as you say we will see. I will be happy to eat crow if I am wrong. No prob!

Even a "true long" if the SP goes to say $2.00 plus will sell some shares so let no one say they will NEVER sell. We all want to get rich and enjoy the success of our investments - right?

PS did you get in on MDW at sub $1 - home run if you did good at ya!

Outstanding. I make my point everyone. There is not enough money to make it to profitability. That is the reason, and I make not bones about it or hide it, that I am out FOR NOW!

There will be more dilution. There will be more financing. There will be more loans - IMO. The end result, say 1/4 to 1/3 more shares means a SP value of .04-.05 as soon as the news hits.

I will be buying at those levels as that is IMO the market value until income is made (not just sales of a few bars)!

Thanks for your outstanding post and update!


PS everyone is talking mid-2012 before sinker output. So, 9 months at 1 million+ per month. Even if NONE of the 7+ million were touched until right now, and say 3 million in AU & AG NET PROFIT we are talking 100 million more shares to exercise the line of credit in shares!

I disagree with most of your post in the past and still do now.

The money has been well spent. The mgt should be well paid for what has been done.

The only problem, and it is a biggie for the SP, is more dilution until profit can be made. Publicly SFMI has stated the tailings are not producing what was first thought. That can change and may soon. If not, since everyone agrees we are still many months away from sinker extraction, then money must come from more loans or shares sold and thus the SHORT TERM for the stock would be lower. Maybe much lower.

Unless they start breaking even or even near break even then, "paid", the stock will be off the races and I will have missed it. But, I don't think so.....

no no I see those lower than EOD yesterday as well! txs! and I see 20k last so SFMI was FLAT today. with AU & AG up strong. OK. good work. uh...


http://www.kitco.com/market/


http://www.americanbulls.com/StockPage.asp?CompanyTicker=sfmi&MarketTicker=OTC&Typ=S

Wait for it 200SP buy at close about to paint the day.

1 - silver up 3+ % check
2 - gold up 2+ % check
3 - SFMI up on paint check

Now if we can get word on how much money we have or need we can start moving up. But, IMO, I will be able to buy in soon on news of new finance agreement to carry us into 2012!

uh'o the 200 share trades-are-back-to-prop-up-the-sp

It has bothered me for a while these little 100, 200 & 300 SP trades over the past few months each time there has been a 10-50k block trade at a lower level. Who would trade 200 shares at BUY price? Humm....

Now they are back. Ugly.


There should be enough news out now to hold the price without games! - IMO. Unless someone knows something they are not telling!

Best post of the past 2 weeks. I agree 100%. When will this be? Will SFMI be self financed by AU & AG sales from the tailings soon or after Jan 1st or next year some time? Where will the money come from if not?

The answer to your outstanding post will drive the stock either to the moon or down again!

The days I break 80 I love my golf clubs...

The days they make me break 90 I hate my clubs (it's the clubs fault not me when that happens)

All sounds great! As long as the money lasts (or they can make some profit from the tailings) you are 100% right - spot on - and good "at-ya"!

If SFMI comes and asks for more funds we will see 4 & 5 range and fast - IMO.

..... keep that 1 million+ a month burn rate on your radar is all I ask!

Need to hold over .06 or test .05-or-.04-support lines IMO.

I will be buying at 4 & 5 range. If we don't hold there, big ugg!

Silver up STRONG today and IMO it will be telling if the hope of all the good to come and the rise in AU & AG today pulls SFMI up.

If the price moves down today with AU & AG up strong, that would not be good.

http://www.kitco.com/market/


Premkt shows BID $0.0682 ASK $0.074 BID


Today will be very informative of what the mkts feel about SFMI short term IMO.

Why would I sell even FREE shares?

BTW, do I ever not say I hope longs do well and that I hope I am wrong?

Keep in mind I have been around since the DCUT days. I think SFMI is, not to sound stupid, "a gold mine", but the bills must get paid.

That is why I am 100% out. They will not close the doors. No way, so, they must find money. IMO that means a lower SP and I will buy back in then. I trade to make money. I have made a boat load on SFMI. I will again when I buy back in at .04ish range and GHDC in the .01ish!

I love my wife, my dog and my clubs (some days the last one) - I love NO stock EVER!

com-on now blue you said:

Yes the mill is 150k per month. But you have to pay PQ CQ PDQ PR etc etc. So the number, shareholders, should care about is the


$34k PER DAY BURN BABY BURN........... 1 million per month. After Jan 1st to go up to AT LEAST 1.1 million per month with GHDC payments and cost will go up with bigger mill etc. So maybe 1.5 million per month.

Who cares how much it cost if they are making 40lbs dore bars each day but there is NO INCOME this year. None, zero, zip, nade, zylch!

So, let's hope the tailings can provide 1.1 million plus per month next year to at least cover cost to avoid more dilution of shares ( the last few trade below .07 cents look good for me to buy in lower short term btw )

OK but wait WRONG! 1MILLION+PER_MONTH_#_IS_RIGHT!

http://www.sec.gov/cgi-bin/viewer?action=view&cik=1464830&accession_number=0001091818-11-000497&xbrl_type=v#



According to the 10Q SFMI put out ALL IN COST to run SFMI is, ......wait for it,

$1 MILLION + per month for this year.

Dream on that they could run SFMI for 150k HA.

So, the public FACTS do square with what IW and PQ said. That is 34k PER DAY burn rate and 12 million a YEAR!

So, again, how much money is there to spend. If gone, where will new money come from? What will that do to share price SHORT TERM?


Geezzzz keep in mind SFMI is paying $17,000+ plus per month in interest expense ALONE!... and as you say $83k more starting Jan 1st. Plus 15%.... ugg...

Winner sounds great! Love it.

Can you even think where the SP will be the day they PR they are break even or making money!

The issue for me is:




to me that = short term lower SP and a chance to buy back in at a lower level. IMO - we will see!

fuzzy math going on here

wait - what do they owe mother ship per year in payments?

what do they owe mgt in deferred payments?

divide that by 12... hummm..

now what they are paying mgt bod ir ..... ok

now only $121,000 for the mill per month.

something does not add up. that is why I will wait to see profit numbers then congratulate longs and buy in.

So to be clear IW info is wrong. The right number per month is $121+30 or $151 per month. (really on 360,000 a year for mgt)

I am 100% with ya bro love it - they have done amazing things and are doing amazing things. No doubt! Just tops.


Please... who is paying for it.

Are you serious comfortable with the current burn rate and only 7 million in financing (of which how much is remaining? - I have no idea - did anyone at SHM ask?)

I would love to buy back in at this level and watch the blast off. But without this info, IMO, the buyback point is lower. Now, if they can show even near break even say inside 90 days, dang, hang on and I missed the boat. But, if they come back with, say, another 7 million deal from money people, where will the SP be that day?

Thank you IW for clearing that up.

So, $1,0340,000/burn per month.

That is a fine number if SFMI is selling AU & AG at more than that number.

No matter how well things are going, if they are not selling more than they burn, the money has to come from some place.

This is NOT bashing, just simple math. I want them to hit a home run. I just don't see that out of the tailings yet. So, either shares or loans must be made to cover the $34k per day burn rate.

Right?

Now this will really bake your noodle. They MUST buy shares right off the top of GOLD sales from open market right? Right. So, they buy back the shares with GOLD sales, but if income is not more than costs then they must, uh, sell shares, to cover costs. So, are they selling the shares to themselves? .... this makes my head hurt! (feel free to correct me if I am wrong here!)

from IW post:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67407285


$4k is JUST for the mill - but the total operations - ie making pr videos, paying mgt, etc is $38k or $1+ million a month.

All per IW who was at the SHM - just say'in!


DAILY COSTS
At the meeting, a direct question was about the costs of the mill, per day. Pierre answered that the mill costs, including salaries, $4,000 per day. He was challenged openly about this being a very low number, and he kind of revealed his cunning by pointing out that he was telling them the mill site daily costs because that what they specifically asked about. Then he told them the total daily cost of running SFMI, all costs included.. As to the total cost of the operation, he sair its about $38,000 per day (including the the aforementioned $4000 per day).

IMO, there is near ZERO risk SFMI or mother ship is going away or closing doors anytime soon.

You make my point about cost. The real money is from sinker. It will take time and reg's etc to get digging for the real big monster money. So, can the tailings provide the cash flow until that time? That was the idea from the get-go. If this can be done, no more need for selling more shares or outside money. If not, then the money has to come from somewhere to get all the work done.

Thus, make money off tailings, SP goes up longs very happy and well done. If not, then SP goes down with dilution and SP goes down and I can get back in. Simple.

Agreed. Impressed price is up at all with AU & AG gett'in creamed as of late.

.08 last on 15k not bad.

I will be happy if the 200 & 300 SP buys to play with the SP goes away. Income and PR of it will fix the SP.

I will stay on the sidelines for a bit as IMO there will be a play at lower levels before move up or down.

Fair enough hope longs make millions!

I agree. Do they have that? L2 .075 BID .075 ASK

It does not look at the open like the mkts are excited about the SHM news yet!

L2 .075 BID .075 ASK

So, $14 million a year to run SFMI per PQ. Plans sound great! If money can be made soon next year home run. If not, when does SFMI run out of money. If need more money, who pays? More share financing from current source or from open mkt sales this time?

2-3 million is sales of gold bars sounds great but at a burn rate of more than a million a month need more sales!

I will get back in with facts. I do hope longs get stupid rich and SFMI get's the job done. I very much respect you dc and hope you hit it out of the park with SFMI. I just have had it with "just wait" & "just trust". I want some hard facts now to feel good for my money!

PS - like my new avitar? ( kind MC-ish )

What quality. What yield. What net. What cost to refine. How much tons to get 1000oz.

These facts will drive SFMI to .30+ and more. If not just chatter!

So news to send SFMI to $50 Monday? Hummm.... we will see what the mkts think of profit "soon" share by back "soon" more TV show "soon"....

Thanks for running it. And BTW I am sure the NEW TO THE STREET next infomercial paid with money from all the shareholders at the meeting will do just as well as the first one..... uh... nevermind!

My issue is the PRINT IT in PUBLIC

The PR firm and mgt can say just about anything they want. True or not. Until it is in print they can just say - things changed.

I look forward to updates!

I think you will see on of two things happen.

1 - they do as you say. are open and forthright and tell the facts both good and ugly and longs feel good holding. SP goes up above .10 and may hold even higher!

2 - they stonewall and bs and cut off and say just trust us and longs head for the doors and SP falls to very bad levels.

It is up to mgt and pr firm now - (O'how happy I am to be out!)

+1 perfect post - IF - BIG IF - the do not muzzle everyone and refuse to give real answers and just push the CO. line!