Silver Falcon Mining Inc. (fka SFMI)

[Imperial Whazoo]

You are correct IMHO regarding trading it vs buy and hold, & I'm correct in my opinion that the insiders are not behaving badly by being the ones who are accumulating via large share issuances. I'd much rather the money be raised the way it is being done, thats for sure.

Its not my opinion that the accumulation that is going on amongst "insiders" is bad simply due to their being in advantaged positions, because, one way or another, money has to be raised. IMHO. its never been about whether they issue shares to themselves. Its always been about how it would be far worse to issue dumpable shares to outsider, vulture-type financial outfits.

And here's what to watch for: whether they are turning the shares they issue themselves into cashola, evidenced by Form 4 filings that show they are dumping shares (which are not happening, BTW).

The "insiders" are paying themselves with shares, but management has only two other alternatives, and one of these would be to go to vulture outfits and get money from them. (the other would be to use their claims and/or future JPM output as a bank).

Issuing themselves shares, and issuing people like Parliament & Simon shares for money.... these are "SHARE ISSUANCES", that is true.....

BUT...

......the question is whether its better to issue shares to themselves and to people like Parliament & Simon, (I'll call them "FRIENDLIES") or to issue shares to outside vulture outfits.

I am not ever going to agree that what they are doing.... issuing insider and friendlies shares in exchange for money....

I'm always going to think it through and conclude, as I have done, that this decision is nothing more than the best choice of several worse options.

On the day there are filings of things like Form 4's that show they are disposing of the shares, that is when I change my mind.

Until then, the very fact that they are taking shares and not selling them instructs my opinion, which is that it is a given that shares have to be used to finance the company, but it is far better to do it the way they are doing it.

And as to your "FLIP-FLIP-FLIP" approach....
IMHO, the only way buy and hold works on this company is if a person has never stopped buying, regardless of the chart, and that may be the accumulation that was pointed out earlier today.

As for me, I have a bias towards this being a very good buy at the low points in the waves, and it is a matter of timing the trade, IMHO. If I buy low and accumulate, thats my choice, and if I buy at wave bottoms and trade it, thats my choice as well, isn't it?

What convinces me that this is not a fraud is:

- the build-out & regular improvement of the mill facility

- the multiple attempts to sell to smelters who treated a small-guy-outfit like SFMI with disdain, requiring a retrofitting of the plan, resulting in the building of their own lab, vault & smelter

- the frustratingly slow pace of finding and vetting "FRIENDLIES", who have funded things without deceitful behavior that would have damaged the company (damaging behavior like dumping their shares).

- and most of all, the fact that the SEC filings have consistently failed to show these guys to be trading their advantaged positions for quick cashola.

If they ever start with Form 4's showing they are dumping rather than accumulating, thats when I get on board with being against the company and its management & insiders.

Until then, it makes sense that they will use the tax advantages afforded by the fiscal cliff bill and their accumiulated losses, together with drilling this summer, to demonstrate to interested entities that a rather large increase over our present share price is a good starting point for buying all, or a large part, of the company.

Thats my opinion. Simple as that.

Impereial Whazoo