"the Belle Peck was never intended to be a revenue producer"
Really? Not according to their statement from the nov. 30th pr...
"SFMI will sell these bars to the smelter for CASH REVENUE." "As previously published, 15% cash aggregate of gross revenues from these dore sales and future transactions, as such, would be allocated towards a corporate share buy-back program. These proceeds will be sent to the Company’s corporate account at a brokerage house with instructions to buy-back SFMI’s shares at prevailing market prices. Upon settlement, these shares will be retired back into treasury shares, thus reducing total shares outstanding."