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Up 35% in just 1 day with no news, no hype or pump with only 3 million volume. Just imagine when there is BONANZA news and word and hype gets out to Wall Street what will happen with volume triple and quadruple to todays. Stick around and make some real money instead of chum change.
You don't have to lend PQ 1 cent, the Chinese and Paul Parliament are ALL OVER US---Thank you very much.
Donald W. Tully, P. Engineer on April 14, 1998 recapped the drilling report as follows:
"The Drilling Program was done with a large rotary down-hole-hammer drilling machine which was capable of drilling both vertical and angle holes. Samples were taken at five foot intervals. Five angle holes, totaling 2,245 feet, were drilled in the Oro Fino area. Two angle holes, totaling 1,025 feet were drilled in the Keystone/Illinois Central area. Three vertical holes, totaling 685 feet were drilled in the Cow Cornice Basin area. This was a limited exploratory program. The two holes that were drilled in the Keystone/Illinois Central and North Empire zones of the Central Vein System on the Mountain, approximately midway between the North and South shafts of the Poorman Mine, struck extremely strong new vein structures. These structures showed 1,000 ppm in Gold (23.86 oz Gold / Ton).
Problem with 1998 was gold prices ranged between $280--$310
Producers from Canada’s Barrick Gold Corp. (ABX), the world’s biggest, to Newmont Mining Corp. (NEM) of the U.S. are failing to control expenses. The average cost to extract an ounce of gold by the largest miners jumped 23 percent to $584.70 in 2011, data compiled by Bloomberg.
At $1,700/oz there is lots of money to be made.
They are unfolding right under our noses and some just don't see it, nor do they see the BIG picture.
Negativity and the declining share price is about to turn around for this stock.
Those billionaire and Batista rumors all came from the NY crew. Nothing but P& D'ers
The Chinese are coming before the drills.
For troubled companies? Not. The Chinese love Silver Falcon and Idaho. Everyone is waiting for the drills to start and bring out the BONANZA results.
I'm not worried about the past, nor will I dwell about it. Time to move forward just like the Sinker Tunnel project is going, and time to look forward to positive things such as BONANZA results and an increase in our pps because its inevitable.
Let's wait for some announcements and see who has the last laugh.
With that said, I am so glad that Im positioned heavily in both scams, now waiting for the drills to arrive and prove up the tremendous resources that WEM holds and enjoy the ride UP.
I guess my life expectancy is dwindling then. Still believe and trust that they will be here before the holidays. I guess I had the holidays mixed up.
I never said drills were to be turning weeks ago, I said drills should be arriving in November. I might be off by 1-3 weeks. When they arrive and are announced and pics are taken for proof, what will be said then?
If we had a crystal ball to show us things like that, fogedabowdit.
fade, I bet the train leaves the station here before SF
Imagine someone like Paul Parliament buys 39 million shares of GHDC in the open market.
Speaking of the Idaho Statesman, do you remember when they had SFMI on their front cover? I do!!!!!!!!!
Management is obviuosly getting the funds somewhere or else the Sinker Tunnel Gold Project would NOT be moving forward, and they would not have hired 15 individuals to finish up the rock-bolting, and the equipment they just purchased would not have been purchased without funds, along with all the permits needed to move forward.
Paul Parliament owns 39 million shares and climbing, and SEC forms are being filed as proof. Why is he investing in a scam? lmao
Company has dore sitting at the refinery waiting its turn to be refined. Management talked about this bottle neck situation at the shareholders meeting. The problem is that we are CURRENTLY a small producer and we have to wait until the larger clients stuff is done first. Then they work on the mid-tiers and then the smaller guys like us.
Im not going to be worried when its back up to .05
Im not going to be worried when its back up to .10
Im not going to be worried when its back up to .20
Im not going to be worried when its back up to .30
Im not going to be worried when its back up to .40
BECAUSE
I have set my goal to sell when the announcement comes out when SFMI will be taken over---BUYOUT
Im not worried about the pps, it just gives me 1 last chance to load up whatever I can before the Falcon soars.
Lots of buying going on and will continue, IMO.
6%? I bet 10% is coming soon. A multi-millionaire buying up all this stock at these discounted prices. This successful businessman must feel comfortable with his investment.
You'll soon find out what's being accumulated.
Speaking of not having to start from zero, 1,200 feet of the Tunnel has been rock-bolted already.
Whether profitable or not, SFMI will be sold to a major. Whether it's 23 ounces per ton or 23 grams per ton--we shall see, but be assured that it will be up for sale once the reserves are placed and filed in a 43-101--The longs gamble is, we have the same high grade gold that historical data shows, and the same ore that was there 100 years ago is the same ore that is and will be drilled and taken out of that Tunnel by those 15 MSHA certified contractors.
Sounds to me like BONANZA numbers are coming our way. Once these results along with other drilling results are updated in a 43-101, it will be filed, and then you can bet that SFMI is up for sale shortly after. The million dollar question is, what dollar amount will SFMI be sold for.
Dilution? I'm not surprised. The mining company (SFMI) takes on the debt, while my name collects rent and royalties. Heeeello! Eventually everyone will figure it out 1 day.
Drills are arriving this month, and when our friend takes pictures as proof, I will have lots to say.
Focus on who's doing the buying not the selling. Weak hands leave while strong hands hold long.
Definitely post #53247 as sticky
SILVER FALCON MINING, INC. (SFMI) BEGINS SINKER TUNNEL GOLD PROJECT
Bradenton, Florida- November 2, 2012- Silver Falcon Mining, Inc. (SFMI.OTCBB) announced that as of November 1, 2012, work commenced on the Company’s Sinker Tunnel Gold Project. Management also provides an operational update on a variety of ongoing activities at its Diamond Creek Mill and Metallurgical Facilities.
Sinker Tunnel Drilling Project Update
After 100 years hiatus, and some tentative steps in the last two years to reopen the Sinker Tunnel, work has finally begun. The tunnel is being aerated and preparation work to complete the bolting of the remaining upper wall of the tunnel is underway. The Company has placed orders for the myriad of items needed on site to equip and supply its underground work crews and is reviewing its plan of operation concerning the upcoming 5,000 feet core drilling project.
After the bolting operation is complete and a side room has been excavated near the “Oro Fino Vein,” as it intersects with the tunnel, core data resulting from exploratory drilling will become available, and will be translated into the much awaited instrument NI-43-101.
Metallurgical Laboratory Update
Management continues its delivery of dore to Republic Metals Refinery on a monthly basis. Revenues received from refinery transactions will be reported in forthcoming US SEC FORM 10-Qs and Form 10-Ks. Shareholders are reminded that revenue from the operation is only reported as the refinery buys the “Bullion Dore” from SFMI, which only happens after the refinery melts the “Bullion Dore” delivered to them.
The Company’s management team has begun work on its certification of plans to construct and operate a closed circuit leaching unit, in Murphy, Idaho following the Owyhee County permit issued this past July. Once operational, this will allow SFMI to extract the 5 to 6 million dollars of precious metals, assayed on the 35,000 tons of tailings previously brought down from War Eagle Mountain.
Mill Update
Employees are being advised of a change in the hours of operations of the mill from a schedule of 24/7 to a 12 hour day operation only, allowing for the changeover from the GRAVITY CIRCUIT operation to full time FLOATATION CIRCUIT. The necessary training for the employees to operate the FLOATATION CIRCUIT will start immediately and the mill will concentrate its efforts on completing and commissioning the new process. Once the FLOATATION CIRCUIT is in full operation and ore is available from the mountain, the GRAVITY CIRCUIT will resume its operation and will operate as a feeder to the FLOATATION CIRCUIT.
Board of Directors update
The Company's Chairman, Pierre Quilliam, said, “I’m happy to welcome our new Director, Mr. Paul Parliament , to our board. Mr. Parliament will no doubt bring some fresh insight into our decision making process and be fully involved in the direction of this Company."
About Silver Falcon Mining, Inc.
SFMI has mineral rights to approximately 1,200 acres on War Eagle Mountain in southern Idaho. Its 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 above it and will provide the area population with employment and services.
For further information, contact Mr. Richard Kaiser, Investor Relations, 757-306-6090 and/or www.silverfalconmining.com.
Silver Falcon Mining, Inc. cautions that the statements made in this press release constitute forward looking statements, and not 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.
If you have received this in error or would like to be removed from further notifications, send "REMOVE-SFMI" to yes@yesinternational.com or call 757-306-6090.
SFMI.OTCBB
Drills will arrive in Nov. Bet your life on it. 1,200 ft of the Tunnel is already rock bolted. Finishing up with the bolting and the safety room and what we get after that is BONANZA.
Pics of proof of the drills on WEM will be all over the internet. I can assure you of that also.
SFMIs Mine ID #10-02202
gsfl: I am shocked, welcome back. You picked a perfect time to load up at thes price levels now that the Sinker Tunnel Project is finally underway. SFMI is a homerun.
Today on WEM, is the beginning of 21st Century history in the making.
Hi-tech equipment. I might have 3-d and 4-d mixed up. Who cares what equipment he had? Fact is gold doesn't get swept away nor does it dissolve. Its in the Tunnel where we will drill soon and on top where we will drill in the spring. Go read the Piper and Laney report.