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Maybe, it’s tempting for sure and wish you all well, but I moved on years ago, still check in every now and then, we had some good banter and good times, made a few bucks along the way too but I’m long out of this game. Best of luck to you Longs, maybe this time war eagle gives up its bounty.
Wish I did, still holding a bunch of old worthless shares at this point. Real shame honestly, such promise back then. ‘‘Twas exciting times watching the mill be constructed on a live webcam.
Can you believe this is happening again Jackpot!?
Macod we been waiting years, for me since the start in 07? Hell I've lost track. Qs ruined this one again, such a shame, got a big ol mountain of ore and mill to process. I gave up a long time ago.
Hey Cowboy thanks for getting back, as for my brother and I we pretty much did the same sold some here and there made a few bucks but are left holding a couple mil plus. Such a shame really but once thrilling watching the mill arise from an empty field to a producer albeit small. What promise War Eagle still holds and the Sinker but alas I am done and have moved on from penny land and this particular latest money grab to only bullion as well. Rocket was right, the folly and greed of PQ and RK destroyed the hopes of many. So sad, take care and ride on.
Wow good to hear from you Cowboy, I haven't posted in years but remember all your updates on the mill progress. That said is there ANY activity at all for regardless of what one thinks those assets are still in place and I'd like to think have value?
Thanks B4, greatly appreciate the info. At least i can take some comfort in knowing i sold at seventeen way back and made out with coffee money at least. But like any of these gambles im stuck in another which is all or nothing at this point. fingers crossed. Good luck to all longs here, hopefully this will turn around for you soon.
Been a long time since Ive posted on this board and correct me if Im wrong but it appears they changed the record of ownership from July 16, 2010 to December 21, 2011 for the distribution of BVIG shares for KATX shares. Honestly at this point I wrote this one off long ago but check in every now and then. Can someone quickly clear this up or set me straight? Thanks in advance.
Funny I was thinking the same figures roughly the other day, which is why this dilution talk is foolish, even if it should go that high which is reasonable until they can sustain operations from revenues from that point on. This is why I've been long since nearly day one, the gold is in the mountain, patience wins the day here and no one can convince me otherwise, but my how they try, day after day after day....
The ignore button is a much better option Anton, but I appreciate your efforts in arguing the opposing viewpoint. It's only a matter of time, sooner than we realize I think, when all these debates shall be put to rest once and for all. I like my chances here and I believe RB does as well. You just don't sniff around these boards without some sort of financial interest. I rarely post here anymore, it's futile. Nice to see you back though.
Just as Apple Computer was started in a garage, I'll take my chances here as well. This little company has come a long way from the potato shed days, a quick review of Bobby Joe's photos confirm this. I've been in this stock since the beginning and have no intention of selling anytime soon. Best of luck to you sir with your investments as well.
Did the same yesterday my friend, nice to see you back btw.
I remember you saying similar things four years ago my friend, then you disappeared. I highly doubt you can substantiate that rumor?
Looks like it's being prepped for footings. Thanks for the pix BJ.
Got to admit that is impressive, thanks for the link.
Lucky already posted this last week. Some may have concerns here with this company but this is not one of them. IMHO
One of my favorite parts,
"This will also transform SFMI from an investment dependant corporation to a revenue producing entity and will allow it to grow its bottom line
Can't help but love RK's last tweet on the discourse here. Good to see him defending himself. Too funny.
Can't help but wonder if there would be as much complaining if someone were trying to paint it down? Unlikely. For myself I'm content either way, the further it drops the more I(longs) accumulate, should it rise, splendid so is my investment. Good luck to all with each of your investment decisions, may we all prosper from them.
Six, other than that they appear to be realistic buys. I won't disagree with you however, it does seem the MM's are attempting to keep propping this up.
The Level II clearly shows 36 trades so far, with only eight at the Bid and Buys are actually 3-4 times Sells, it's all right in front of you.
So gold is up barely 2% and SFMI as it stands right now is actually up 12% from its low what two weeks ago? And was up nearly 30% from that yesterday, weak fact to face in my opinion, must be all this manipulation I'm reading about.
Quite happy with the latest news. Awaiting the spin.
I used the phrase "increasing revenue "STREAM", which is an accurate portrayal as concentrates are growing daily. "STREAMS are flowing our way even if not yet realized as current revenue. Please be more careful in the usage of my words....Clearviw
From one of the few knowledgeable posters on this board Clearview
The great majority of SFMI shareholders wanted to hear from the new CEO, and he has now come forth, clearly putting the horse back in front of the cart.
Now they are whining that there is new news, and the share price isnt reacting satisfactorily. The problem is that most posters want a quick move and not an investment, but guess who will be there at the end with the big money....the INVESTOR!
The market is ho-hum because the recent reditribution of shares has yet to complete its bass building phase. The was no sensational catalyst in the news, just reassurance of a huge mineralization proving up operation to begin next month, the size of the vein structure depth, and that budgets have recently been approved and are totally solvent.
Since there is known viable and visible mineraization in the Sinker Tunnel, this can barely be termed an 'exploration program.....THINK ABOUT IT!...a financed proving up program beginning soon with funding in place and share price under $.10! This is a gift horse of great magnitude for the investor. The opportunist speculator who spins his wheels looking for the quick home run when the team is already at world series caliber of mining properties.
Believe me, real INVESTORS are building the new base with SFMI and when they are ready, the move in share price will startle the whiners who understand little about how to make big money.
I agree as well, the best PR to date and I especially like this part;
"The Company is well financed to achieve its objectives and I look forward to the upcoming exploration programs which should give this Company the necessary requirements for obtaining listings on other North American and European stock exchanges".
Hopefully by years end will know a great deal more about our investment.
The article you refer to is painfully biased to the left. However I'll accept for argument sake the author's accounting of the viewership numbers. But I'll gladly take 50 million homes with 35,000 potential serious investors over the uneducated, uniformed masses tuning into SpongeBob any day and I'm almost certain RB so will you. I've been reading your posts probably three years now, you're an intelligent investor.
From RK's Twitter
FINALLY up-ticking on $SFMI, has been over sold for way to long lots going on $SFMI, market will get a heads up on operational conditions soon!
Therein lies the obvious Rick, "honest" does not apply to many of the outrageous posts on this board, which is why I remain in the back round for the most part. For what it's worth, your recent posts have been intellectually sound and better yet, "honest".
From RK's Twitter
SFMI-SILVER FALCON MINING market makers have moved trading to new trading platform, some quote servers have yet to update the move.
Was just sitting on the ask for nearly twenty minutes, three trades went before me at the bid, finally filled at the ask. Hate MM games.
This is the only reply I received from anyone on this board.
This is amazing news,
here is why.
For a very small period in the History of WEM between 1865-1900 So me of the miners managed to get a steam powered stamp mill on the mountain. It was a very arduous Task.
But in any case the Belle Peck seems to have been the last of the real pulveriszed stamp mill ore
The rest was broken up with sledge hammers.
Now The Belle Peck had a substancial volume on suite
According to the release Belle Peck concentrate stored subsequent to the test smelt that produced 508 pounds that had been shipped is the remainder
Since the Belle Peck was essentially used as TEST of the mill circuit it is great for the future operation.
The OSO tailings are the highest grade tailing known on the property above ground. That being said the Cumberland tailings are known and have been reported to contain 2.5 ounces per ton with a total of 30000 tons
I am not certain of the volume of OSO but I already know that OSO grades are 2-10 ounces per ton and up. There is already at least 1 TON of concentrate from the last 4 weeks of milling OSO.
Any doubt on the subject has been thouroughly refuted by my accuracy in interpretation.
Since I spoke to several eye witnesses at the mill I correctly assertained the makeup of the concentrate. The doubters are incorrect and the on site testimony validates my scientific interpretation.
So GLTA
It does not answer my basic question. They PR'd last summer that in the first 20 days of running the mill it produced 508lbs. of concentrate and yesterday they PR'd they produced a total of 1463lbs. since the start up of the mill on May 17th till Dec. 31.
That means in about six months they only produced 955lbs of concentrate. How can this be? I thought they were running the mill 24/7. There should be an explaination to this question.
It is has bothered me that they keep changing the mill thru put.
In May they PR'd a 100 tons per day. In July they PR'd they were at 140 tons per day. At the SHM they stated they were at 36-50 a tons per day also saying they would be at 200 tons per day in May. In Nov. they PR'd they were at 106 tons per day. Now yesterday they say they are at 60 tons per day and moving to 72 a day next month.
Maybe I am answering my own question. It appears to me the limiting factor in this operation to produce revenue is the limited production capability of the mill in its current state.
I'm a true believer that this company will make it because they have the goods and I hope now that RS is running things he will expidite the expansion of the mill and truely "be transparent with prompt and timely updates to our investors" as stated in yesterday's PR.
John
If that is true then in 6 months of 24/7 running the mill they only recovered 960lbs. How can this be? With 60 ton/day over a 180 days thats over 10000 ton of ore producing only 960lbs. of concentrate. I had been thinking prior to today that if they produced 503lbs. in 20 days then by now they literally had many tons of concentrate. Is something wrong with my math? Anyone please comment. Anton can you our geologist explain?
Someone explain to me how they could accumulate 503lbs. of concentrate in the first 20 days of running the mill and then in the next 6 months only produce 1463lbs.? Or have I misunderstood the PR.
Comprehensive news release on yesinternational twitter.
http://twitter.com/YESInvestor
Not sure exactly, nor do I have time to call him. It seems he's being inundated with calls and emails anyway at this time. I've been long over three years now, another a day or two is fine with me, or should I say us. (J&D)
Just posted from Sir Tweets A Lot,aka RK
Really busy SFMI shareholder inquires about money received from the sale of the 280+lbs of dore bars SFMI waiting on bank $ wire, news soon.
Sorry I have no coupon codes but, they regularly sell silver for .99-1.29 over spot, they allow you to pay for it in a multiple of ways and shipping and insurance is very reasonable if you buy about a thousand dollars worth.
APMEX.com has been the best I've found.
Anyone else have a suggestion better than that?
Hopefully we can get them at spot from SFMI soon.
John