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THE BURNING QUESTION............................
Will we get drill core reports this year?
11 million book value. 10 billion in PMs. I won't be selling for .25. I am however buying at .029.
I've stopped. No point.
It was the Chinese.
Actually it is the best bet. 140 million ounces plus 10 million in gold. And SFMI controls WEM.
Congrats Bobbie Joe. Thanks again for all your hard work and diligence up at the mine, letting us know whats going on up there. 32 years in march for me and the Mrs. Here is hoping that soon we will see the fruition of all your travel and hard work. Hey now you can picnic with the Mrs when you take pictures.
And the silver will turn to gold
-Donald Fagan, Steeley Dan
I would love to know when the new circuit will be complete. Tripling production would do wonders for the bottom line and share price.
And I will vouch for Goldland.
Yeah like them controlling the whole mountain.
Wow, SFMI does control the whole mountain!
Damn. I thought the veins might go deeper then the sinker tunnel. Must not. Oh well. Amazing how they could figure out exactly where the veins stopped at the sinker tunnel. It must be high altitude gold that only exists from 5000 ft to 8000 ft. Yeah, no sense in doing drill cores on the floor of the sinker. There couldn't be any gold under our feet.
WEM has gold veins from elevation 0 to 8,000 feet. I'm wondering how much gold there is from 0 to -8,000 feet?
SFMI controls 10 million ounces of gold AND 140 million ounces of silver.
Right now with SFMI, bad news is bad news. And good news is bad news. One day we will see the trend reversed. Who knows when?
Good article on Juniors M&A
http://news.goldseek.com/GoldSeek/1328288400.php
I'll introduce you to the word AVERAGE. It means you collect the monthly data and find the median of the price over say a year. This is what is called an A-V-E-R-A-G-E. And you would need to read the headings at the top of the results. The one that says "Sample Test weight" and then there is "sample origin" also. And as far as management keeping things like stock piles, amounts of dore and such close to the vest would be because it is gold we are talking about.
It means exactly that. Can't you read the monthly assay report? Its on the SFMI site. And as far as predicting future PM pricing. He did that too. Gold is going up and when we sell it monthly our average price will be higher.
Anybody know when the plating tanks will be up and running for the silver oxide?
Gee Spud, I guess we need to drill some good cores. If the guy from the gold fever show can drive down the mine look in a hole in the roof, hit a rock a few times and pull out gold, I think its worth the risk. That aside from RS and the other geologists. We are readying 43-101 and will build results. SFMI will self finance and not incur debt going forward (hopefully).
Can you imagine what is going to happen with the first drill report. I like to think about that. And it was especially nice hearing about Minefinders being bought for a billion, with only 20% of what WEM contains.
It doesn't matter who your post is addressed to. If it did, they wouldn't put in that unfortunate little device called "Public reply".
You ever notice how they don't announce when they get a permit. Like for the vault or the expansion equipment or for that matter anything else. Well they didn't tell you again. If that is so important to you, I think you should leave until they do start inform you. It would serve them right.
They wouldn't go out for bid to drillers if they didn't have the permits.
Try 150 million ounces of silver. Probably closer to 200 million.
I think that when the drill reports are in, they will not know which direction to mine, because there will be gold going in all directions.
Its interesting to hear them talk about about gold being so played out, that most deposits of any size are below 14,000 feet underground. If that is so, our mountain is above 8,000 feet. that means that our mines can extend much further beneath the mountain.
Remember. SFMI is working daily on all fronts. All permitting will be approved. The county, state and federal authorities will all have their piece of the pie. They want SFMI to have jobs, revenue and the consequential taxes involved. They are working on expanding the mill with a flotation system, which supposedly allows 100% reclamation of the gold and silver. Roger Scamell set up scopio's mill. So he knows what he's doing.
I agree. Nobody knows how deep the veins go. I personally think the whole mountain is filled with gold and silver. Bring on the drills.
Awesome. Thank ourigan. Hope you had a merry Christmas.
Now pave over it with a good steel mesh and a cement base then asphalt over that.
Oh yeah, I get all this sage advice for a triple to .14. That's it. That's what I'm pinning my hopes on.
I concur with this. When the PAGE (pan asian gold exchange) opens in march, This phenomenon will increase. With today's communication abilities, why should buyer want to use the comex anyways. They are part of the scam.
Ok, so explain to me, you are buying a stock at year end. And your hoping that its support. Some are praying that it stays down here so they can by more before it lifts off. I guess it comes down to whether you believe the "story". I personally own around a quarter of a million shares and am jonesing for more, if I had the cash. You seem worried. This isn't a bet, its a company. At this point, I don't care what the share price is as long as I can buy more. When the time comes, the share price will reflect what the value is. With what WEM has (in both silver and gold), its only a matter of time till we reach the correct valuation.
Where did the flag go? Are we getting a new logo? Pictures, generally, do not make good logos.
Thats dangerously close to saying something positive. I'm afraid we'll have to report that.
Just watched your video again. Really say's it all doesn't it? I would be interested in your opinion as to what kind of spacing and depth you would position drills, if you had 5,000 feet to drill.
Thank goodness they don't have to pay rent for another 18 months. Your disinformation is easily refuted. And we own the top of war eagle, as in we are the only gonna be mining up there.
A question for Anton. You have 5000' of drill cores available. what would be the pattern and depth you would drill to get the desired effect (lots of gold)?
They won't sit on good drill news. The surprise would rock the stock price. With our on site lab, they can issue constant results.