Value Microcaps Junior Miners

[cl001]

SAM, I don't know anything about your conversation. Actually I had not so good feeling about SAM last quarter after my conversation with the IR guy about 3 weeks ago. I talked to him a few times last year and I knew what questions to ask. So I trimmed a little SAM after my conversation.
Put yourself to the IR shoes. Even you know the result will not be good, can you leak it to the investor? You are going to jail! As an investor, you have to know what to ask.
As for the mill, about 800 out of 1100 ton/day are their own ore. The rest is belong to GGC.to. I talked to GGC management recently, they are busy trying to raise money to build its own mill partially due to SAM's plan ramp up its own production. From what I saw, SAM cash position should be quite strong for the foreseeable future.
I am not trying to put some spins on SAM's terrible quarter. I am just trying to point out if SAM were liquidating all of its assets today, it should worth a lot more than 30 cents.
SAM and many mining companies are going to be at NY My 12-13.
http://www.iiconf.com/pebble.asp?relid=62254