BB's Stock Haven

[crudeoil24]

For the GOLD-diggers:
I would like to announce what I believe has the potential to become one of our biggest Gold and Silver winners of 2009... Silver Falcon Mining (SFMI). This is without a doubt one of the most unique and amazing Gold and Silver opportunities I have ever come across in my life! I was originally planning to announce SFMI as my first huge pick of 2009, but with Gold and Silver prices skyrocketing I decided to rush out with it before the new year!

SFMI is a $0.065 stock that is getting ready to begin Gold and Silver production in the weeks ahead!


SFMI has acquired the rights to develop and operate the mines of GoldCorp Holdings, Co. on War Eagle Mountain, located on the Owyhee Gold Trend of the Silver City Mining District in southern Idaho.

The War Eagle properties of GoldCorp have produced $270 million in Gold and Silver to date and are located adjacent to the open-pit mines of Kinross Gold (KGC), an $11 billion company on the NYSE.

SFMI is getting ready to open their mill near War Eagle Mountain in Melba, ID, which is expected to be able to process 100 tons of ore per day!

What's so amazing about SFMI is... there are a total of 202,000 tons of waste reserves just sitting on War Eagle Mountain... that could potentially be brought to SFMI's mill by truck to be processed. These tailings were just left there by previous operators of the mine because 100 years ago, Gold was only worth $20 per oz.


http://biz.yahoo.com/iw/080716/0416457.html


Today, with $880 per oz Gold, these tailings that were left behind could be extremely profitable for SFMI to process at their mill.


In fact, assay results from this past June found that in samplings from the War Eagle Pile, they were able to find 6.9 grams of Gold and 50.9 grams of Silver per ton. With 28.34952 grams in an ounce, we are talking a potential 0.243 oz of Gold and 1.795 oz of Silver per ton.

http://biz.yahoo.com/iw/080707/0413311.html


Since the sample analyzed was from a random selection of the surface of the tailings pile, the average value in the waste reserves could be higher than the tested samples.

However, if we go by SFMI's assay results and the company processes 100 tons per day... we are talking a potential 8,869.5 oz of Gold and 65,517.5 oz of Silver per year! 8,869.5 oz of Gold x $880 per oz = $7.8 million and 65,517.5 oz of Silver x $11 = $0.7 million.

SFMI estimates their total cost of processing the ore including transportation to be only $30 to $40 per ton. If you do the math, if they process 100 tons per day and we take the mid-range of their estimated costs of $35 per ton... it could potentially cost SFMI only around $1.3 million per year to produce $8.5 million worth of Gold and Silver! Of course, this is based on current Gold and Silver prices, who knows how high Gold and Silver could go in 2009!


SFMI has already transported enough ore to the mill to last until mid-2009. They plan to resume ore transport operations this spring to provide additional mill-feed for twelve months of continuous production!

http://biz.yahoo.com/iw/081204/0457787.html


With the cash-flow generated from these tailings that were left behind, SFMI intends to begin underground mining operations on the mountain.

A total of 165,000 tons of ore have already been produced on War Eagle Mountain from previous operators with an average yield of 2.52 oz of Gold per ton. There is estimated to be a total of 19.35 million tons of mineralized ore left in the mountain which could potentially provide a mining life of 15-20 years.

SFMI has estimated that with only $650 per oz Gold, annual yield at full mining capacity on the mountain could reach $215 million.

I just checked with SFMI's investor relations representative Rich Kaiser and was told that the fully diluted shares outstanding is 68.5 million. Based on this number, SFMI's market cap at $0.065 is approximately $4.5 million.

I will have a lot more information on SFMI tonight including pictures of War Eagle Mountain, SFMI's mill, and SFMI transporting ore from the mountain to the mill!

Please do your own research and make your own investment decisions. Don't make investment decisions based on anything I say. I am not an analyst and I am not making any financial projections.

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My firm Lebed Biz LLC has been compensated by SFMI 900,000 restricted shares for a three-month investor relations contract. We expect SFMI to include these shares in their S-1 registration statement. We have received additional compensation from an affiliated third-party (Monmouth Consulting) of $10,000 cash. Never invest into a stock we discuss unless you can afford to lose your entire investment. For our full disclaimer go to: www.lebed.biz/disclaimer.htm

Jonathan Lebed
Lebed.biz
Staff