InvestorsHub Logo
Followers 4
Posts 1639
Boards Moderated 0
Alias Born 01/02/2003

Re: HenryJennings post# 3096

Saturday, 02/21/2009 8:26:01 PM

Saturday, February 21, 2009 8:26:01 PM

Post# of 65657
>I see no indication, however, that it's anything more than a vehicle to perhaps fund GoldCorp's eventual use of the property itself.

This is a good point; it's something that I've pondered before I started investing when SFMI was in the 9.

Has SFMI started paying rent to GoldCorp yet? In the year end NR, it stated that SFMI should pay a monthly rent of $83,000+ starting this Jan. However, it was then assumed that SFMI would be producing gold and silver by Jan. Now that SFMI is not producing, does SFMI still obligated to pay rental fee?

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.