News Focus
News Focus
icon url

downsideup

10/12/10 10:18 PM

#236 RE: User-65225 #235

SFMI = non arms length deals.
icon url

oryx

10/12/10 11:23 PM

#237 RE: User-65225 #235

Always willing to engage in constructive dialog- Thanks for your civil comments on SFMI.

I heard the claim of the container with 1000 lbs of concentrate (not a 1000 pound container, btw...) at the meeting, though not first hand. I know the source, and trust him. I have no reason to believe that it was information "planted" by SFMI- just a driver (who was an employee or contractor commandeered to drive for the day) maybe saying a bit too much. If they were going to "plant" info to raise the sp, I can think of a lot of things that would have had more effect. I'm surprised you would consider it a red flag- I've seen a lot of false and suspicious negative posts, but apart from some over-enthusiasm on the part of some posters, I haven't seen any suspicious positive claims. My investment is based on documented information and sources, which was more than supported by what I saw, heard, and learned at the meeting. I came away more positive and confident that ever. As I mentioned, SFMI is not PRing partial info, and they're certainly not going to address message board chatter. Certainly not something I'm going to base an investment decision on at any rate- it's much less significant than the fact that SFMI is now producing and ramping up, and the overall positive impression attendees got from seeing the mill, mine sites, and overall operation. I'm sure it is true anyway, since SFMI has been producing for a while now. Attendees saw concentrate coming off the shaker table. As I mentioned, SFMI is not PRing partial info.

As far as sp, I could mention that SHSH recently was at less than half what it was a year ago, and has run up concurrent with recent "hype", as a detractor might call it. Nothing that would concern me, though, if you are investing based on fundamentals, no more than SFMI's drop from an incredible run from less than .02 to over .40 concerns me. And at least some of that recent drop I attribute to negative twisting by non-attendees of reports by attendees of the shareholder meeting. There is overwhelmingly more negative FUD by the usual suspects than there is hyping- and the negative stuff has increased greatly as SFMI nears some significant milestones and PRs. "They" usually don't put so much effort in if there is no reason to think good things are coming.

As far as "fair value", it's easy to play games with the sp up to a point, especially before production. I look forward to seeing what the "fair value" is once SFMI's progress and resources become clear to the market.

Your "criticisms" of SFMI seem to boil down to not liking message board chatter and thinking that SHSH has a bigger upside. The first is not really relevant- I don't consider any posted info relevant unless it is sourced and verifiable. Just as I would ignore the pumping of SHSH that I have seen. What I have verified with SFMI is very impressive. And as far as which stock has the bigger upside, I think they both will do very well. No reason to consider SFMI a "lesser" stock just because you don't think it's as good as your favorite stock.

GL