Replies to post #62412 on Silver Falcon Mining Inc. (fka SFMI)

[Peggy]

They have never mined in the first place. Nothing to get back to.

[Up In Smoke]

SFMIhas never mined ONE OUNCE of material
ALL of the Material they have processed was mined and discarded on the Mountain associated with Poorman Claims mined and discarded decades ago
Underground Mining is a very risky expensive endeavor
95% of all mines lose money
SFMi needs to identify Economically mineable underground Reserves
In order to that you must drill your claims and assay the mineable value
This is a very expensive undertaking
Underground mining itself generally averages $400-450 per ton excavated
o before you begin you MUST identify Vein structures that run through the host rock that contain enough in this case gold and silver to make it profitable at $400-450 per ton
SFMI not only has never done ANY drilling any where on War Eagle Mountain to establish potential profitability they will never do so
SFMI is Millions in dollars in Debt from overpaid management and 18.5 Million dollars in Consulting Shares
The mill operation built has only returned $370,000 of revenues although it is clear they have produced Millions of $s from the discarded tailing material transported to the Mill
None of the Unpatented Claims SFMI has the rights to has ever produced $1 of revenues
None have been drilled and certainly not mined
The Patented Claims of Poorman were heavily mined in the Past and are predominantly Silver
The cost of rehab of Poorman is likely millions of dollars
The Value of the remaining reserves is totally unknown
SFMI owns 29.167% of Poorman
SFMI has not historic data or current data of ANY KIND on ANY CLAIM
In 7 years SFMI has done NO EXPLORATION
SFMI has never Drilled ONE Inch of Ground
SFMI has produced Nothing but promises,Excuses,Stock certificate and a Mill Run by a Convicted Financial Felon Christian Q
It is Likely over $1.7 Million dollars of mostly Gold/Silver Dore Bars are Missing
This is Nothing but a Scam
I fully expect the SEC to Shut down both SFMI and GHDC soon
I have repeatedly urged SHs to institute a Class Action Law Suit
SFMI knows exactly who I am
I openly Challenge them to Refute my statements
They are backed by months of meticulous intense Research
Anyone who purchases shares of SFMI at any price will likely lose EVERY PENNY once the SEC has completed their investigationI repeat I challenge SFMI to refute my allegations