Silver Falcon Mining Inc. (fka SFMI)

[Imperial Whazoo]

geomine -

Its no rumor, just an argument (on one level) over terminology. Fact is that Kinross operated an open pit mine on the next mountain over of the three mountins in a row up there. WEM was not operated actively, but a Chinese group loaned money that is the subject of the argument over terminology.

When the default on the loan happened and the Chinese bankers ended up with it back in their lap, Quilliam stepped up and the story we are a part of began in earnest.

Sure the BLM "owns" the bulk of the property up there. But lets be clear: Quilliam owns via claims: Lode claims, to be precise.

And here's the important detail about this "terminaology". When PQ entered the picture to set up the company around the "ownership" that had come back into the laps of the Chinese group, the claims were placer claims on the top of the mountain and they were not for 100% of the interest involved.

This is important: he was looking at placer claims at the outset & these were not for 100% in the whole of them. This has now changed to 100% lode claims and this major & meaningful difference is due to Pierre Quilliam's systematic execution of an obvious business plan.

Go back to the beginning and step thru the events represented by the filings. Read forward to recent SEC filings and take a gander at the status of the claims now compared to then. What PQ has systematically been doing, while suffering vilification bigtime, is he has systematically:

A.) expanded the acerage covered by his claims
B.) changed the type of claim uniformly into lode claims rather than placer claims
C.) "bought" as much interest as he could, which just so happens to be uniformly 100% today. Obvious to me is the outline of a deliberate business plan, LOL: to get only 100% placer claims in place, and to get as many of them as possible.

Instead of the paltry and sometimes miniscule percentages that were involved in the situation at the point where the deal between PQ & the Chinese was cut, we now have a uniform situation which involves places claims, greater numbers of claims, greater amounts of acerage, and 100% ownerships.

So, rather than declaring the thing a rumor, I think it would serve all of us much better to go spend about 6 hours reading the progression of filings.

If this is done by folks, they will see that it is as I'm now informing everyone on the board regarding.

One chief reason I completely disregard every declaration that PQ ia engaging in some kind of fraud is that, any reading of the filings, in progression, depicts a clear and precise picture of an experienced real estate guy deliberately working VERY QUIETLY to gather together a major controlling prtfolio of the best kind of 100% owned claims.

No fraudster would have spent all this time and all the necessary money to have done all that is progressively revealed by the filings. Simple as that.

It is obvious to me that the very act of having undertaken to get all the acerage he has gotten control of, and the very act of having made these claims all be 100% owned lode claims repudiates entirely any and all depictions of this company being a fraud. I f the Quilliams were fraudsters, IMHO, I think it would have been the case that nothing even approaching the amount of work involved in this claims situation would have been engaged in.

I mean, if you are all about commiting a fraud, what go to the effort of converting all the claims to load claims? Why obtain all of the 100% positions? If you are committing a fraud, you would walk away far wealthier if you had not spent all the money necessary to gain all of this control over all of this property. Simple as that.

Thats how it looks to me.

Once anyone does what I recommend here regarding the old filings and the progressive control represented by the acerages involved and the percentages involved and the type of claim involved, I am 100% certan that there will be no doubt that this guy knows what he is doing (and its not a fraud, BTW)

This is not a rumor.

This is not a fraud.

This is a guy who has QUIETLY & DELIBERATELY bought up everything he can (and placed ownership in the company rather than in his name) to control the mountain to the greatest extent possible, and what this picture actually depicts is a success strategy in the making.

I think this is what is going on here, and I neither think we are looking at a complex fraud nor a set of "rumors".

Period.
Imperial Whazoo