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On that site, you don't add up the daily totals to reach
an amount.
The numbers on that page are the totals outstanding on
each day.
So, on average, SFMI might have 1 % failure to deliver
on a rolling basis each day based on outstanding shares.
That is noise, not a conspiracy.
You are trying to explain failure of the stock on a
phantom reason, vs other reasons.
You are so full of crap.
There is NO naked shorting going on with this company.
Stop trying to divert attention from the facts about
the PERFORMANCE of the company vs the stock price.
The stock price today is where it is because of true
market forces ( those that determine in a free market
system the value of something based upon the total
opinion of the shareholders )
OR:
The stock price today is where it is because the
COMPANY wants it to be at this price ( based on the
actions of insiders or controlling shareholders ).
Dollar drops biggest one-day move since 1971.
Treasuries rally largest day since 1987.
Gold explodes.
Every Gold stock EXPLODES.
OOPS......
There is one gold stock that is at an all-time low.
"DELETING" of posts has been a popular subject of late.
Let's set the record straight.
In the last ( 18 ) months, I have only deleted ( 1 ) message.
..........................( 1 )............................
I don't care what is discussed on this board, as long as
it is non-threatening towards management or other posters.
1st post removed from Board in 18 months.
Posted By :
XuanLongSon
Posted : 2/11/09
9:04:11 PM
No threats, or veiled threats are allowed.
Please refrain from such activities.
Signed : MODERATOR
I have another life, you know.
Don't worry about your post. I haven't deleted or banned
a single post or person.
Say anything you want, doesn't bother me.
I don't post often, because I am the "God-Father" of this
site. As a matter of fact, I've maybe posted two posts in
the last year. My posts,therefore, can be viewed with a little
more credibility than others.
I am within visiting distance of the mill and the mountain
and have visited both locations often. I visit to verify and
to acknowledge the existence of this company. "Verify" is the
important word here. I have credibility in this situation.
I need to set some things straight, as it concerns "Silver
Falcon Mining. Inc." We may have gotten a little off subject
on this board, and the record needs to be set straight, so that
investors can make correct investment judgements.
I am not a pumper, or a basher...just a watcher and a board
monitor. I don't care what anybody says, and I certainly don't
"ban" people or interfere with conversations that go-on on
this board. I have never interferred with the comments that
have appeared on this board. I dare anyone that posts on this
board to confront me about my credentials or comments, or about
my motives. I "Dare" anyone to call me a liar.
I would like to contribute a few observations at the present
time :
1 ) The mountain exists.
2 ) The value of the ore exists.
3 ) The mill exists.
PERIOD...END OF CONVERSATION
They have ABSOLUTELY done work on the mountain. There are 33
miles of reconditioned roads leading to the mines that were
not in good condition prior to last summer and this company.
The county of OWHYEE is ABSOLUTELY "HAPPY" with the work that
the company has done on the roads.
The "Tourist" Town of "Silver City" is ABSOLUTELY "Happy" with
the work that was performed on improving the road conditions
to their "TOURIST" destination.
The "BLM" is ABSOLUTELY "Happy" with its relationship with
Silver Falcon and the work Silver Falcon has done on the
Government roads.
These have been "VERIFIED" by me with the various agencies and
entities.
A "NEW" 200-foot-long 10-foot culvert has been installed at
the "Belle-Peck" adit leading to the "POORMAN" mine. This
ABSOLUTLEY exsists; and, trust me, from the appearance of the
job performed, cost a fortune to build.
The "POORMAN" mine was the "RICHEST" sivler mine that "EVER"
existed in the 1800s. What makes now any different ?
The "SINKER TUNNEL" has been purchased. These records exist
with the state and are verifiable with anyone who wants to take
the time to do the research. The "SINKER TUNNEL" was built at
a cost of about $ 30 Million in today's Dollars. Not a minor
little tunnel. This tunnel leads to one of the most valuable
GOLD mines in the United States. PERIOD, END OF CONVERSATION.
The "MILL" is preparing for operation. PERIOD, END OF
CONVERSATION. Somewhere in the near future, whether it be
3 weeks, or it be 3 months, the mill will start. There is
equipment stacked all over the place. There are CAT 950 and
CAT 960 loaders, backhoes, fuel tankers, Semis, Dump Trucks,
crushers, screens, ore bins, conveyors, concentrators, shaker
tables, water tanks, sand separtors, air compressors, ETC,
ETC, ETC.
There is a pile of ore half the size of a football field behind
the mill.
The new team of experts is at the mill and they are preparing
the next phase of operation. The mill will start, and the
mountain will be accessed in the Springtime.
Anyone who thinks that this Company is not real, or that things
are not progressing, is an idiot....or worse, has no idea what
is happening and is just spouting opinions. Of course, those
who have opinions, and who don't back up those opinions with
either first-hand knowledge, or at least some research.....are
idiots of the largest degree. They should be ignored for the
"Base-less, ignoramous, screw-up, crazies" that they are.
At the current price ( $ .04 ) of Silver Falcon Mining, Inc.,
the market-cap is less than the total value of all of the
equipment and the improvements to the mountain that have been
done by Silver Falcon Mining.
CONSIDERABLY LESS.
THIS IS NUTS, to the highest degree.
At $ .04, this stock is beyond cheap.
Test, Test, Test
Just to keep current on managerial duties.
Thanks
It's so nice to see that after a year....
the people who have bad-mouthed this
stock now have pictures to prove that
they were wrong.
Don't worry.
Goldcorp Holdings owns the mines.
If you don't believe, then just contact
the Idaho BLM office in Boise, ID.
Ask them to pull up all claims registered
under Goldcorp Holdings.
BLM Boise Office Tel : 208-373-3891
We have already checked these facts out
a long time ago.
One more piece of the puzzle completed.
You just gotta LOVE this company.
The mining season is only from May-June to Oct-Nov, each
year...until underground capable facilities are constructed.
The first year is primarily the dumps and the preparation of
the first mine for year-round activity.
From what I understand, enough ore will be brought to the
mill over this summer for 12 months of operating the mill
during 2008-2009. This then leads into operation of the first
mine in 2009, and the ore from that mine, to fill the mill
pipeline from that point forward. It's possible that the
mines may still only operate during the tight window caused
by snow, each year...but, enough ore would be brought down
each period to last the full year at the mill.
Everone has to remember that the mines are at 8,500 feet,
and 30 to 100 feet of snow falls on the mines each
winter. There is only so much ability to keep the roads
open.
Silver Falcon Mining continues to be "on-schedule" for
summer mining.
We all knew the schedule from the beginning, and we all
know the values of the dumps and the veins.
That's all I need to know.
Not Gone, just watching and moderating.
When I have something to say, or to comment on
that is worthwhile, I'll post.
You have obviously not read my past posts.
I live just outside War Eagle Mountain, and this
is the reason why I became involved in this stock
last summmer ( before anyone even knew it existed ).
I know more about this stock than anyone, including
RICH.
I will not allow misinformation to be spread about
SFMI, either good or bad.
I am telling you right here and right now that there
is no processing going on on the mountain. It is
impossible because of the snow.
The only processing going on at the present time is
sampling from material collected on the dumps last
summer and fall, in addition to samples from drilling
and other things.
I know where the mill and lab are, have been in it,
and know what they are doing.
NO MINING or processing of dump ore will occur until
the snow melts in the early spring ( 2008 ). It can't.
There is a difference between processing samples and
processing large runs of ore from the dumps.
In the meantime, this is a company that is building.
More news will come out concerning what they did last
summer. Bewteen now and the spring, people will just
have to wait and anticipate.
I'm not sure where people get this information, but there
is nothing going on on the mountain at the present time.
Only samples are currently being run.
The mountain will have close to 50 feet of snow covering
the mines this winter. Nothing will be done until April,
and the ore dumps will be the first target.
REPEAT. No revenue possible until April.
The mill is processing samples, not mined ore.
Be careful of what you read into IR statements.
I would suggest that you leave this board, sell your
stock in SFMI ( if you own any ), and move on to some
other gold stock.
It is obvious that you don't care about the company.
SFMI is sitting on what may well be the most premium
gold property in the United States. The Owyhee Gold
Trend IS ALREADY a proven gold fault. KINROSS gold
company is right next door with two mines that have
produced nearly $ 2 Billion in gold.
It's a matter of opening up the mines again.
Sit around and wait awhile, you will see the biggest
gold player of the decade formed right before your
eyes.
Those who know this company, know who was originally
behind the merger and change of name of the old DCUT
stock, who know me, and have been around awhile
( unlike the new arrivals with their baseless statements ),
realize what is on War Eagle Mountain.
Go ahead a doubt, but leave out the warrantless,
baseless, useless, bashing comments. If you don't know
what you are talking about, then leave and pester some
other stock.
Congratulations to everyone who remained faithful
to SFMI.
It would appear as though we now have true trading
and true interest. We have arrived.
Who said the $ 16 million would be raised from
504 sales ? Or, for that matter, how much of the
price has already been paid ?
I said that no sales of stock would occur that
hurt the current shareholders. Normal operating
funds, or building funds for the start of the
mines, could be raised from 504 sales. This is
a totally reasonable business plan, and no-one
could complain about those sales.
I would imagine that the payments over 15 years
would come from the mine income, not from sales
of 504 shares. NOTE : THE PAYMENTS ARE OVER 15
YEARS...NOT 1 YEAR. So, current shareholders would
not be whacked for the full amount in 1 year, but
over 15 years. Much more manageable, and not a
heavy burden.
From what I have been able to gather about the
price of gold claims / land on War Eagle,
GoldCorp is charging Silver Falcon a base usage
rate of about 6.6 %/yr interest ( on the value of
the underlying land ) over 15 years for the rights
to mine the properties.
This amount of interest is in-line with other
types of mortgages or borrowing costs, and certainly
only covers the lost value of the dollar due to
inflation over the term of the agreement.
GoldCorp's profit would come from the 15 % share
they hold in the total production by Silver Falcon
on the claims (vs the 85 % share held by Silver Falcon).
So, how you got the idea that Silver Falcon was
going to raise $ 16 million by selling 504 shares,
is beyond me.
I have been assured from the beginning that SFMI
would not issue new shares, except in the form of
Rule 504 ( or similar ) where any new stock had a
1-year holding period. No stock would be issued
and dumped on the market. Operating funds for
opening the mines needs to be raised, but not in
the form that would hurt current shareholders.
They are essentially one in the same, but different.
GoldCorp is the company that owns title to the land.
Silver Falcon is the operating company for the land.
I had a discussion with Pierre about DCUT 6 months
back, when I first really got involved in this story.
His explanation of what happened seemed reasonable to
me. He stated that everything was real, patents were
granted, and the high-level advisors on the Board were
real.
What happened was at the last moment, after the company
had spent millions on testing and verification activities
with the Dept of Homeland Security, was that the Homeland
Dept canceled the project. The Dept no longer believed that
the services( product ) DCUT provided were the path to follow.
Since the company had spent everything they had on
preparing for the expected contract, the canceling of
the contract backrupted the company. Pierre himself
lost millions of dollars in stock that he had purchased
on the open market leading up to the disaster.
The stock collapsed on the day that the Homeland Dept
announced the cancellation of the contract.
If you doubt this version, call Pierre. It is obvious
to me that you have never called the man and just asked
for an explanation. This is the reason why I am more
and more believing that your complaints are based soley on
your loss of money in DCUT, vs any real reason...and that
Pierre is just a convenient excuse for your anger.
Then let them.
So far, I am impressed.
Not one PR has been fluff. All solid.
I'm willing to wait and see what happens
on the mountain before I make any hasty
judgements, or statements not based on
facts.
Why must you always be so negative on SFMI ?
Just because you may have lost money on DCUT, a LONG LONG
time ago, doesn't mean that those feelings need to be
dragged along into the future. SFMI is not DCUT.
The stock is now starting to trade on a steady basis,
with more and more people noticing it. There are not
many OTC stocks that get decent volume in such a short
time since introduction.
If you had bought stock a couple of weeks ago at $ .03,
you would already be in a nice profit. Even if you had
averaged down, your position would still be better off.
The company is good at updating its' shareholders with
progress reports and mining data. Leave the company
and Pierre alone. Either sell your stock and leave,
or sit back and try to make some money off it.
Complaining all the time only serves to marginalize
your opinions.
How do you know they aren't actually true statements ?
I've read every PR, and they seem pretty straight-forward
to me. A drill result is a drill result, the same as
a sample result. It's pretty hard to lie on these kinds
of reports.
Silver Falcon Mining, Inc., is now a TRADING stock.
It has gone from obscurity as DCUT for 3 years, to
liquid and noticed as SFMI. It took a month of
soul searching by the market ( Nov ), but it has
finally arrived.
GOOD LUCK, SFMI.
May your future be bright.
Congratulations !!!!!
Predictions are always hard to do, and are always
wrong. The stock could go anywhere. However, if
you read the PRs, not one of them have been fluff
in content. All are solid. I think this company
has a long ways to go, and if you want to think
longer-term, buy and go away for awhile. You should
be pleased.
Has anyone noticed that since early October
the ADX indicator has stayed green ?
Silver Falcon is firing on all 8 cylinders !!!!
Another bombshell news announcement.
If anyone doubts that there is gold on their
properties, this should dispell that thought.
GO SFMI GO.
By summer, we should have gold production.
Now, if the stock follows....
Getting rid of the short-sighted people means that
the PRs from here on will be looked at more reasonably.
Still can't understand why someone sold their stock
after each of the good PRs released by Silver Falcon
over the last month. But, good ridence to all of them
who left.
I think the worst is over.
The weak hands have sold out and now the stock
can seek its' own level of legitimacy.
Onward on upward, albeit slow.
One has to be very careful about comparing SFMI to the
old DCUT. Completely different situation and with mostly
different participants.
Baffling to me.
What's it going to take to have ONE up day ?
Good news, and we still fall.
This is going to prove to be a long slog.
But, in the end, I think they will be one
of the few companies on the pinks that
actually goes from exploration-dreams, to
real production.
There will obviously be more announcements
concerning the activity on the mountain this
past summer and fall. A lot more has been
going on there than has been revealed by the
company so far, and those who fail to grasp
the activity will wish they had bought at $ .04.
I, for one, have been disappointed with the
stock price so far; but, for a company that
no-one seems to know about, no-one wants to
believe in, and which is fighting a past
shareholder base who seems not to want to
hold onto their stock, I guess we aren't doing
too bad.
Let those who want to leave...leave. I'll stick
around till summer and see how much gold they
produce.
Now we are starting to get some meat in the PRs.
Did you ever think that maybe the reason for hiring
shareholder awareness firms is to create a shareholder
base for the company ? Since there are no active
shareholders remaining in the company from the old
DCUT days ( They were wiped out before SFMI ), an
entirely new shareholder base is required. New shareholders
don't just appear out of the woodwork. They have to be
told of the company thru SOME venue; otherwise, no-one
would know the company even existed, and no volume equals
no liquidity. Press Releases sent out into the vaccuum
of space, and subsequently falling on deaf ears, translates
into no awareness or volume; so, a "pump service" of
some kind is needed ( if that is what you want to call it ).
So far, these services have performed in a horrendous fashion,
and certainly have not been a "VALUE" to the company, or
whoever actually hired them. They have been a waste of
money.
Second, even if you add up all the volume, at all of
the trading prices since Nov 1, when SFMI started trading,
it doesn't add up to much more than $ 500,000. That is
not exactly a lot of money raised, EVEN IF the company
had managed to sell EVERY SINGLE share that was bought
on the market. Since there were obviously old DCUT holders,
or holders of the old DCUT at the $ .0001 to $ .0002 level
( Post-split values of $ .02 to $ .04 ....it traded at
these values for 2-3 years ), that could be selling, the
company could not have possibly raised more than about
$ 200,000, if it were selling. That is not much money,
and certainly not enough of a justification for driving
the price of the stock into the ground....and ruining
any future possibility of raising funds or selling of
the company's own management's shares.
I highly doubt that the company is selling new shares.
As for the current price of the stock, it makes absoluetly
no sense what-so-ever. Pure crap in the market has a
higher market cap than SFMI currently has. It certainly
does not reflect any connection to the potential value
that the company has. The Illinois-Central, when
re-commissioned, has enough gold ( 1-year reserves ) to
equal $ 1 per share in revenue, and about $ .20 per share
in net profit. The dumps have enough gold to provided about
$ .50 per share in revenue, and about $ .10 per share in
net profit. These two sources of income alone are but two of
15 possible sources of revenue for the company.
I don't know what it is going to take to stop the slide
in the stock, but it is beyond ridiculous that we are even
seeing $ .04.
AND YET IT IS THE SAME PRICE NOW AS THEN.....Go figure.
I can't predict a future price because I can't understand the
current price.