Silver Falcon Mining Inc. (fka SFMI)

[Haymaker1]

It's post like yours that also contribute to the fear being spread and the consequences are giving the naked shorts just what they want. To clear up a few of your fears not in support of the company, but for clarification of the facts only......

1. The tailing's estimate was done by a hired contractor. His report contained the sum of multiple piles of tailings. He did not indicate that it was in cubic yards and the company assumed it was tons. When the co. discovered the error the new tonnage grew by about 1.5 to 300,000 tons.

2. As a result of this increase the company felt it would be prudent to due the expansion prior to start up. This resulted in the additional delays which was compounded by the need for changes to the permitting.

3.The FASB requirements under SEC rules is the auditor last step prior to registration is to evaluate plant and equipment to make sure they exist. This is being done this week I believe. Yes, the company was optimistic this could be done quicker, but the system wasn't built for speed.

It's easy to point fingers, but unless all the details are known, human nature generally generally leans negatively, especially when it comes to $$$$$ and SENSE.
glta