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Up In Smoke

06/30/14 1:38 PM

#62439 RE: carusso #62438

Having intimate contact with the Entire Project in All ways
I can tell you management is doing NOTHING to advance Progress and NEVER WILL
I see all the legnthy explanations of the Geology of War Eagle Mountain are either going unread or misunderstood
SFMI has not drilled one inch of ground because they have nothing to drill
They have Never mined one ounce and NEVER WILL
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User-65225

06/30/14 7:53 PM

#62443 RE: carusso #62438

I don't know what exactly is being done to advance the mine -- but i'd like to hear what is currently being done to advance the Silver Falcon mining by the executives.

Per the filings, they aren't doing much. They have no $$$. Last Q they reported $2,667 in the bank, which is nothing for an expensive mining operation... If they were doing anything major they would be screaming it from the rooftops, like they always do...

My guess is that most of their time is spent dealing with lawsuits, debt problems, tax issues, other non mining issues, etc and lets not forget that they've been pretty busy with the GHDC pump... I doubt much time at all is spent on mining related issues (no $$$). History shows that once PQ starts sucking the life out of a new ticker, the old one is toast... FYI GHDC just hit a new all time low on record volume. Anyone surprised?!

The only thing they supposedly have going is tolling contracts, but this is obviously insignificant because it did not require an 8K filing. All "material" events required an 8K filings... It is most likely just another ploy to draw in suckers to the stock. They are desperate and obviously will claim anything.