Silver Falcon Mining Inc. (fka SFMI)

[Imperial Whazoo]

geomine - I challenge this idea that has yet to be challenged that depicts family owned and controlled businesses as somehow sinister. I do not see that family owned companies are suspect. You state that the chief reason you hold your view is that both SFMI and GHDC are family owned. I could not disagree more.

EDITED:
A long time ago, a smooth operator (Lebed) attempted to insinuate himself into the SFMI story, but anyone who was around back then knows that Lebed's attempts to include himself with that alleged 900,000 share position, were totally rebuffed and any ancient references to that unsuccessful stagecoach robbery is not accurate. Lebed, according to "Frenchie" at the time and at the shareholder's meeting immediately after that event, was a completely bogus player who did not succeed in getting 900K shares to pump 'n dump the stock. Anyone saying otherwise needs to look into it and they will see that SFMI has NEVER relenquished control to any pump 'n dump outfit, including but not limited to Lebed. Period. First & foremost, the hated PR guy brought the deal to PQ and he will not let that kind of PnD happen. Hope that helps, because it ought to.... its the true recitation of the actual case.

:o)

Now , back to my original post.
END OF EDIT

My degree is in American Economic History and I could cite you ten thousand examples from our history of family owned companies that are part and pacrel of America's success story.

Sorry, but contrary to your conviction that its bad for SFMI & GHDC to be family owned, I think that family owned and controlled businesses are at the very core of American economic success over the last 300 years.

And regarding the other related company, I love it. I think it is pure genius.

All I can say is that I think its a stroke of genius. In point of fact, what it is is a Royalty Company. If you want to see what makes it such a brilliant idea for "Frenchie" to have done, just look at Royal Gold. Royal Gold is a marvelous success story and is one of the best vehicles out there for investing in the mining sector.

"Frenchie" did a brilliant thing in creating a couple of family owned companies, and in making one of them a Royalty Company.

Our American economic history is simply saturated in examples of family owned enterprises being the salt of the earth.

To dislike SFMI for being a family controlled enterprise is to dislike it for the very thing that gives it a fighting chance to succeed in the cut-throat world of start-up mining endevours. Hire professionals or grow them in the start-up, but I could cite you chapter & verse of examples where the professional mining types stole the company from the entrepreneur who originated the endevour.

In fact, IMHO, it is 100% true that, given that this is a U.S. based start-up mining endevour, if this were not family owned & controlled, SFMI would be 100% guaranteed to fail.

This is because, in my considerable experience as a trader of these types of companies, the current evolved manner in which mining start-ups have to finance themselves is completely controlled by vultures and carnivores. Any entrepreneur who tries to navigate the rapids thru which start-up ordinarily have to pass will always end up failing.

I think the way everyone cries out that SFMI should proceed is 100% guaranteed to fail.

So, IMHO, as I see it, "Frenchie" is a very smart man to have attempted the unique business plan he has done, which necessirily requires him to have this company be a nepotistic enterprise.

"Frenchie" was so smart that he refused to chart the normal course in today's start-up mining world. Bravo for him. That is a large part of why I like this stock.

Now, IMHO, "Frenchie" has a numbskull for a PR guy, but bear in mind that the PR guy is the one who was riding horses on vacation and saw that there were piles of rock all over War Eagle Mountain and that they were outside old mine shafts and that they were likely to be rich in resources.

He took the initiative, interested "Frenchie" and the rest is SFMI's history.

So, since he dug the idea up, its simply a fact that we get to live with the PR guy we all find to be a problem. But even that guy is going to protect his own position, and as long as "Frenchie" does not go the way of pump 'n dump newsletters as an alternative to the PR guy, I may dislike him personally, but I don't see that he is a threat to the success of the company longterm.

If I had been in PQ's position and if I had been as smart as he apparently is, and if I realized that vultures and carnivores dot the landscape of mining start-up companies like landmines in a minefield, I, too, would have built a public company that I controlled with the techniquies of nepotism that he has employed.

Well done.

When I see business brilliance, I don't let my desire to personally enjoy a big, quick, profit deceive me into missing the genius of what is being attempted.

I've told innumerable people that, far from criticizing him, I am taking notes, because his business plan is one I intend to incorporate should I ever get to be a guy who attempts to start up a new company (with the intention of emerging as the richest player to emerge at the end of the journey, that is ).

If "Frenchie" were to have done like every other company out there that I have ever seen, I'd have been uninterested.

The very fact that what he has done is unique makes it worth my involvement.

I am not against family owned & controlled businesses because I have a degree in American Economic History and I don't see any reason to ignore the fact that family business is core to the American success story.

I'm not even close to being as smart as "Frenchie", but I'm at least bright enough to hold the opinion that the brilliant and unique business plan he is charting is probably the only way he can keep from having vultures and canivores steal his efforts and pocket the ultimate profits themselves.

IMHO, the way the minerals start-up techniques have evolved is a slaughterouse for genuine entrepreneurs. It is a stacked deck that makes it 99% impossible for people to dream of actually building a start-up and retaining it.

I think the "NORMAL" manner of building a start-up mining operation in the US is nothing but a deliberately crooked game. Via such things as the preeminence of fronting with the enormously expensive 43-101, building a start-up involves a process that is a shell game that only benefits the rich financial outsiders and rich parties who loan the start-up their needed money.

What I see "Frenchie" as having done is "BEAT THE SYSTEM".

Because he could set up a set of companies controlled by him, and because he could process the piles without selling the assets off from the outset, he is the only one I have ever seen with even a tiny chance of beating the stacked system at its own game here in the United States of America today.

To do this, he HAD to control it.

To control it, he had to use the all-American economic devise that is the warp and woof of the building of America: the family.

To do it, he HAD to develop a productive asset prior to selling the soul of the company to progress towards a 43-101.

If he had had to sell the company off, as is the typical case, the deliberately stacked deck would have inevitably sunk him, the company, and all of the shareholders.

And as I see it, it follows logically that the parties who typically execute the thievery of a start-up would naturally yowl and pound the desk with tremendous vigor to try to depict this guy's effort as sinister in every way they could depict it, including but not limited to castigating him incessently for the horrible crime of choosing to control his affairs via his family.

Oh my. What a terrible thug this "Frenchie" guy is, LOL.

IMHO, its the outside parties, who usually dominate the theatre of operations, who are going to be the most angry at "Frenchie" for having cunningly devised a plan that he actually looks like he is about to pull off.

Well done, I say. Well done indeed.

Imperial Whazoo