Replies to post #24583 on Silver Falcon Mining Inc. (fka SFMI)

[dcbass]

More good humor. Excellent stuff!

SFMI has no revenue, thats zero dollars

You missed the pr about the 508 lbs sent to the smelter I guess. I assume that you will also miss any upcoming pr or filings concerning the revenues produced.

Which is so funny to me! :)

[sphindog]

SFMI has no revenue, thats zero dollars, that means they have not yet sold one pennies worth of precious metals, to begin paying any operating costs with yet, NONE not one red cent to date in revenue

Sounds a lot like Ventana Gold...a couple years away from production, yet trading at $13.44 a share because our buddy Eike offered to buy them out. That would mean burning money from now until production, absolutely no revenue, yet Eike wants them badly! You are wise and know how to apply this....



http://www.ventanagold.com/section.asp?catid=789

[sphindog]

Again, let me refer you to Ventana's latest quarterly:

The Company is engaged in mineral exploration and is considered to be an exploration stage enterprise as it has yet to generate revenue from operations. The Company is in the process of exploring its mineral resource properties and has not yet determined whether its mineral resource properties contain reserves that are economically recoverable.

Yet Eike offered them over $12 per share! Eike doesn't want a JV...he wants it all! Hmmmm....interesting.


http://www.ventanagold.com/upload/Financials/VEN_Q1_2011__FST-_Final.pdf