Silver Falcon Mining Inc. (fka SFMI)

[oryx]

So what is it you're not buying?

Sorry, I'm just not buying it.

That SFMI is not desperate for cash? When they have investors lined up, and multiple sources of financing? And the mill is now generating a revenue stream that will be ramping up?

Or that the mill is not producing more than it costs? According to the filings, the mill costs ~$150/month to operate. At 50 tpd at 6 g/t, that's 10 oz/day, or 300 oz/month. At $1600 gold (or whatever it is today), that's $480k. Even if you use the worst figures available (say 3 g/t, 33 tpd), it's still better than breakeven. And then when the mill expansion is complete...