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This cannot be considered without all the info . How rich is the ore what is the cost per ton to mill. Must be close by or well eat up all their prophet to move it. It must be consistent as to content or there we'll have to be a minimum charge to cover our cost with a built in positive. Sure can't buy on this one. Show me the money.
The mill can run more than a hundred tons a day. The company charged to cover clean up and cost I would thank. To do a test run the mill well have to be clean of our ore.
It only said they will receive 5,000.00 to run this test batch. What the contract might bring remains to be seen. Need more info to make a determination. It often is a percentage.
Could be richer ore than we have been running. 10% of it might be better than what we been getting.
Well that well take one hour time in the flotation system. A bit longer for the rest. I would think they will smelt as well. Everything will have to be cleaned up again. How is this going to work. Do we get a flat rate or a percentage of the finished gold and silver. This is just a test run.????
Is this going to save SFMI? Well it is 5,000.00 that is more than we have seen from or own ore.
Explosion or implosion we wait to see.
So what is going to happen in twelve days. Will it self destruct. They seem to have that down pat.
But they are making money paying down the debt.They are doing what they say. I'm green and loving it.
It might not happen there are them that would do almost anything to prevent it.
Is it not misleading to keep item 8.01 up there when it has been droped.
Thought there was no shorts in SFMI. I never said there was.
Even the big miners are shutting down. Laying off half their front office. Stating the price of gold is too low.
Have long since given in on this don't think it can be saved. With the market as is there is even less a chance. Drills will not save them now. Even if they prove all that gold and silver is there. well hold what I have but it is a total loss. Did not have that much anyway.
If gold and silver go much lower there will not be anyone mining.
Read it going south with the PPS
Why do they always head south of the border. maybe there going south anyway
No bid no ask what a mess
Spending a few thousand more hear but wont help my average much. have already taken it down about as far as it well go. Time well tell. GLTA
At the same time the big money might be closer to getting there wish. Picking up the whole thing fore a very small sum.
Timeing is everything.being able to react to the next move
What news?
They do seem to be willing to pay the fee to paint it down. I thank someone well spend what ever it takes.
Most of the deals were canceled lest we fore get.
They say they have produced over 500 oz of Dore. Take it any way you wont. No they have not said they have sold it. Some said they would never build the mill or fore that matter buy the land it stands on. Some said they would never build the smelter or the Lab yet they are there. They just keep moving forward.
You don't know if they have sold or not. They well tell us in the 10Q'yet to come .You are speculating as much as the longs hear. We well know when they tell us. And you are only speculating as to the cost of the operation each month. But one must spend to make.
52 oz last month looking forward to at least that each mouth to come. More when the leach system is in and operating.
But it well be the start of things to come.
Looks to me that the company is about to make a revenue statement soon. Wont be a lot but any is better than none.
Was a nice increase in Dore shipped.
That is not unusual most companies well set on gold if the price is not higher. All they are saying is they have a choice to sell or set on it till the price goes up. Most likely they are selling. Would like to see a brake down of the finished gold and silver.
They have replaced part of it. including a truck a skip loader and personal mover fore the tunnel. Don't remember all that was bought. Check back it was reported in a PR. Oh yes a water truck was on that list.
Get real people the photos are from the SFMI mill. Have been posted hear by people who have seen It first hand. Try as you may it well not go away.
Me thank they well have to take the bid a lot higher than the ask is now to get them.
Something seems to be in the wind.
Volume was pretty good. Someone got a lot of shares at a good price.
black hole is what I have always called a trade of that kind. Made earlier in the day but not recorded till after close.
I thank it was getting to close to revenue. That could not be aloud to happen. kill it now. JMO
Would prefer they give us a percentage of what has been completed as to the whole of the bolting needed to be done 10% 30% 50% ?
I do recall them stating that 1200 ft had been done. Some time back. The part of the tunnel needing to be bolted is small come paired to it's over all size.