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They past finra regulations and are a fully reporting company not an average pinkie. I say low risk cause 100k is only $7,350 right now which is not a lot of money. If it gets back to .46 that's $46,000 and that is realistic. If you think they will go to zero your nuts but if they do your still only down $7,350, that's why I say low risk.
Way oversold IMO. This is a great company and if you get in at these low prices there is very little risk.
I think you nailed it dc. Sfmi is being run by rs with pq on the sidelines focussing on the other parts of the business.
The pop I think will happen late July early august. I feel like there is a little more selling to go. After that dries up we will move forward very quickly. Without drilling we already know there is gold and silver in the tailings. The money we will receive once it is put into Dore bars and sold plus sfmi's 7.2 million dollar finance deal already in place gives investors so much to look forward to. With rs's 40 years of experience he will be able it make current reports that will get sfmi on the the Canadian and Brazilian exchanges. Also he will put together an aggressive drill program. If wem is as big as most people think especially with the new vein found watch out. Most big mining stocks have over a billion shares in the float sfmi might just be a $20 stock per share within 3years. Don't look for big numbers quick it is going to take a while.
I saw it but to be honest I'm not a fan of the rk tweets. It's ok because it gives updates, but all information should be press released. Sfmi will pick up soon enough the stock is very solid.
There's nothing holding this current pps back. All this needs is some buying pressure and sfmi will be back over .10. I hope it don't happen to soon I love buying the small amount of shares at these crazy low prices.
Why would rk be mad at ihub. He laughs people get their information on blog sites. You should read the news releases look into wem past reports. Understand the business plan and were it should be headed. If you take what I say or someone else as your only information it's a mistake.
Spoke to rk yesterday he said the smelter is still on track for completion by the end of July. By august we will be swimming in gold and silver. I can't wait soon people very soon.
By the end of July early august the smelter will be up and running. I have other mining plays that are pink sheets with about 3 years away from production and a ton more shares in the float. Those companies are currently higher in the pps funny stuff. Sfmi has a 7.2 million dollar finance agreement their own mill, they will have their own smelter, and their own lab. They have a historical piece of land and with all that going on you would think it would be close to a dollar already. All I could say is do your own dd, I did and I'm very happy I can buy at these crazy low numbers.
Garick I am also pleased and love the game plan. We finally have structure thanks to rodger and with finances in place only blue ski's ahead. Sfmi is a home run
As soon as the second results come out and they blow away the first results. Sfmi will correct itself and then with the smelter news and drill program set up. Sfmi will reach new highs it won't be long so get in now.
Also watch out the numbers I just gave can happen a lot quicker. Big big big news is coming and will continue to come and we all know it especially the naysayers.
People sfmi is a gift right now. Within a month it will be back over . 16. By mid September it will be over .25, and by the end of the year sfmi will be multiple dollars. Now I will give numbers cause all the naysayers are using numbers. They are all predicting .02-.04 and some others are saying under a penny lol. My numbers are based on events I see forthcoming and how the market will react.
Follow is what sheep do. You should always buy what you believe in. Just because people are selling means nothing. The most money is made by people getting companies at a low and waiting for them to explode. You buy real estate now while it's cheap not when the market is hot. The same goes with sfmi some people are selling cause they realize this is a real company and it will take time to max out potential. Some people are selling cause they got scared out. Who cares why they are selling. Buy now cause sfmi is a real company and a real play.
Green days ahead. Tomorrow starts the turn around that will lead to $1 by years end. With all the negative posts here I'm starting the positive ones.
You have got to be happy with this steady climb in sfmi. I know with a couple of real pr's not fluff this stock will get back to the .16-.24 range. Just think how easy it would have been to make quick money if you bought from .072-.085.
Now that we have been green everyday this week a good pr tomorrow will bring us back to .12. I would like to see a well written pr just stating future developments like a drill Program, and release of the tv show. Then if they could follow that up on Tuesday with higher gold and silver amounts found in a different pile then we could have a breakout. Sfmi can really make giant strides now that the naysayers can't deny we have real production.
No way he would come to sfmi when he could of just stayed at the other company. He also took shares no salary which tells you there's something big here. If he wasn't giving power to make decision rs would not be here. It's like the yanks sure the steinbrenners are the owners but the gm cashman is the one who signs and trades the players needed to win. .
Rick i agree if you take pride and work hard at your craft no matter what you do like day trading or construction. Those people usually will succeed espaciality with all the technology today. The problem is with trading your not in control of what the company is doing behind the scenes, also most people let their emotions get the best of them. I think a smart move in an investment is first use money that you have set aside, and don't need for everyday living. Then research and get the right play, then just don't buy at any price. Make sure you get it at a price your comfortable with, then just wait till the company gets to a number your satisfied with. If you don't panic with the ups and down life is much less stressful.
I said the same thing just not as elegant you lol. Most traders bottom out or burnout. I wish the people that do it with sfmi the best of luck. Like clear view I don't have a direct source to management, but I've done enough research here to feel comfortable in my investment. Sfmi has the goods and although I was concerned before getting into this about Pierre and son. I love that they put rs in charge and to me that is the most important part of this puzzle.
Lol .05 for sfmi keep dreaming. This stock is way oversold and will end the week above .10. With more assay reports, the completion of the smelter and news about a drill program sfmi will be over a quarter very soon. I wish I wasn't a little cash strapped at this moment cause I would be loading up on these cheap shares.
I agree with never putting all your eggs in one basket. I however don't see the huge downside risk with a mining stock that has had past proven results under .15. I don't like to spread myself thin by putting money into hundreds of things either. To me investing is simple buy at your set price and sell at your set price, and don't worry your head off with the ups and down in between.
If you think it will only take a year or two to develop, why would you sell. From that sentence you believe the company will be successful. So unless I missed something that's what an investment is, putting in money and wait till it succeeds. Day trading unless your super lucky is very risky, I would rather just invest.
When is the problem. They should of came out immediately after that bad release.
When is the problem. They should of came out immediately after that bad release.
Let them sell. I was mad to today at the pr doesn't mean the company is done. These things take a long time if you are a true investor in semi your not going anywhere.
Talk about the market over reacting
Its closer then people think.
GET READY! SFMI will start its move this week.
You use to be just a chart guy. Now all you do is speak poorly about SFMI. Listen this is a fully reporting company that is just about to get going.
Didn't they put that out 4/7/11. SFMI looks like it will finish strong today. Anything over .16 on a Monday is a good sign.
Lol I know maroc the tv show is a great idea to get new money into SFMI. Like I said to dcbass there really are so many reasons to buy SFMI.
Thanks dcbass I left out a lot of things. There really is way to many reason to buy. Like you said also the mill, the lab, their own smelter, also isn't it nice SFMI is right on us soil. That gets overlooked so many times. The fact war eagle also has the record for the largest silver nugget found in America. I honestly think this stock will change many people's lives.
Stop that 7.2 million is amazing to get in bad economic times. The fact they only save 3% shows the strength of SFMI. Consider most mining stocks have well over a billion shares out there, means SFMI is still pretty low. This stock is the best stock under a dollar period. Anyone can try to argue that but look at the facts. The history of the land, the price of gold and silver, they dont have to worry about their lease, 7.2 fresh money they can use, great mining guys now running the show, all that and SFMI is only .16 lol. Like I said best mining stock under a dollar no question about it.
No i had the same pm, and it was mon at 3:55. You almost got me till I checked back in my pm box. We bottomed out today I feel we go up from here.
I listened to carmine at 3:55 and im up you should of done the same.
No not this month i'am not new here joe. This will need lots of time to go to the moon, but I feel it will happen.
I really can't see .07 happening to be honest. I would be buying like a mad man if that happened. Lets be honest at .13 it is a little low, we still have gold in that hill.
We all have to stop with this $3 a share or any other claims. I was guilty of it myself because I did really think we would be over a dollar by now. The fact is the numbers were off and I believe that was caused by inexperienced people. Now we have rs in charge and that was the first well written report. There will great times ahead just relax, we are going in the right direction.
I can smell the money garick. I know this is the year for SFMI. If it takes longer though it's ok. I'm not selling at only a dollar anyway.