Replies to post #31890 on Silver Falcon Mining Inc. (fka SFMI)

[E123low]

RB,

Not impossible as the 10k clearly states, "We project that we will need about $300,000 of capital until we begin receiving steady revenues from the processing of tailings at our mine site."

The 10-k was filed today and if you decide to read it in its entirety you'll notice two different terms being thrown around. "Tailings", which they use to refer to what is being processed and stored as concentrate at the mill site, and "Ore" when referring to the raw ore to be taken from the Mtn. in approx 18 months.

Now that this is cleared up, will you stop asserting that SFMI is 6mill away from even beginning to process anything?

[Monypit]

Dont like to write here much any more but..............

You keep going back to how much money they need, in regards to the 10K reporting for operations. 10K's are AS AT reports. Since it is an AS AT report, the 7 mil needed as stated in the 10K, was at 12/31/2010. Since then, they have secured a LOC of 7 mil, as of recent, after 1/01/2011. So let that 7 mil rest already.

Money is avail if needed. Equity financing is better than debt financing. Shares for work is better than cash outflow. Belief in the possible up tick of SP is way better than milking a company for cash in salaries.

Again: statements of going concern and continued OPS is normal for a start-up.