Some WRONGLY say that SFMI does not trade with the junior gold miners in general. A look at the GDXJ index shows it at 38 when SFMI reached $.15 last August and at 17 when SFMI bottomed in April/May.
This index is now headed up as sentiment has changed to more positive, and so has SFMI which has moved up over 100% from its low as the GDXJ is up from 17 to 21.
So while SFMI has been more volatile on both the way up and on the way down, you can bet your boots that it will shine with junior gold miners in general.
Another factor with SFMI is folks getting out to wait until they SEE the funding in place. Some of that [large Centurion LOC] is already in place. Now the price action over the last few days is saying that more funding is in place.
I have accumulated back many shares on weakness after having sold 40% of shares, bought at $.025 years ago, at $.38 on a pump and dump to $.45 more recently. I also sold some shares at $.27 as it had spiked into the Sept., 2010 shareholder meeting. I again recognized it for what it was and have been buying back since $.07 and under.
I sell strength and buy weakness on a longer term basis, not for pennies. This cycle I will RIDE SFMI to over $.50...watch and behold.
I have no control over what other folks post, but I can control my own conviction after having visited the mill site and mountain 3 times, talked for long periods with other large shareholders, and grilled SFMI management.
True, it isnt happening as quickly as I wanted...BUT IT IS HAPPENING! Any other view is simply misinformed or a false hope.
This post can and wll be challanged, but the bottom line is that I have my many shares, my dignity, and my conviction that SFMI is a steal at this stage and at this share price....respectfully, Clearview
AI
