Silver Falcon Mining Inc. (fka SFMI)

[paidmyway]

Wow a target price of a whole $1.25 based on 500 tons per day and uhh lets see they are at maybe 40 to 50 TPD after 4 months....I wonder how long it will take to get to 500TPD or is this tiny little mill even capable of that much production....one thing for sure it is not capable without some serious upgrades and a very capable and experienced mining engineer to operate the mill...can SFMI afford all of the requirements to get anywhere near 500 TPD...do they have a BOD that fully understands the needs and efforts required or is the BOD going in blind like they did with the uplists to the TSX and the Brazilian exchange listings....no one has mentioned anything about exploratory drilling or any work on the mountain itself yet....I did hear some reports about the buyback again...I think if these guys are serious about real mining they would be more inclined towards proving up resourses in the mountain than they would be about any share buyback at this time....share buybacks usually never come until everything else is in place and running smoothly and profits are over flowing so that the company can make a share buy back comfortably, not when the game is just begginning....my bet is we will be waiting many many years to ever see $1.25/s....but I will watch for my trades and profits....thats always banked money...JMO

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