Replies to post #29168 on Silver Falcon Mining Inc. (fka SFMI)

[lamborghini_dreams]

i got essentially the same. 190.5k

[iambrok]

I agree with that. Point is this is just the start of something good. We have cash flow not in the green just yet but it's coming.

[maroc]

Moneypit, Lets assume 4.2c per share is the net earnings & 2-3 ounces per ton less than 2 cents a share then that would be approx 8-10 times per share price earning.
JMO

[borrowedcarbon]

23,408oz of concentrate is about 0.6% gold and 1% silver (lower than I expected), and the precious metal ratio is 36% gold and 63% silver (better than I expected).

[lamborghini_dreams]

numbers

im not sure either of us took the smelting fees into account....

the PR said the smelting fees were "as much as 70%" so i will use that number

190,545/ (1-.7) = 635,150

perhaps this $635,150 (gross revenue) is the better number to look at for that six month period of tweaking....

thoughts??