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geomine

08/07/11 12:33 PM

#37879 RE: Garick #37876

Garick: They do not have a smelter on site (they may be using their lab to make small dore bars, or in one pr they said they were sending it off site. They have a conditional use permit to construct a smelter or refinery but it is NOT constructed. As to that refinery in the middle east. If you have read about it, you have not read very much because there is not much information on it. No list of clients, no news reports, only a web site that I can find. What would be news is a report of them sending all the concentrate over to them, but if they are going to build an onsite smelter capable of making 40 lb dore bars then they probably will not be sending the concentrates? The problem with all the talk on this board, is while there may be some good things to say, people are pumping it up with things that are not true which results in false expectations. Geomine
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gsfl

08/07/11 12:45 PM

#37880 RE: Garick #37876

It is SFMI who flip flops, deceives, tells half truths, and talks down to their shareholders. And if last years shareholders meeting was so great why was there a major dump afterwards. I was there and if you go back and read what I posted I was very dismayed at the SHM but impressed with the mill and the mine.

I told everyone RK was a charlatan and a lier and that has been proven over and over again. I stated management was not admirable but I doubted anyone could screw this up I was that sure it would succeed. I still believe that but I also believe, at this time, my money is better allocated elsewhere and that has been proven right.

So if being smart, looking at things adjectively, and making money makes me a flip flopper than call me a flip flopper. I'm much happier being known as such than as a market loser.

If you haven't learned already you will, Management is EVERYTHING in this sector and SFMI has not proven they can manage anything to a successful conclusion as of this date. THERE IS STILL ZERO TRUST AND ZERO CREDIBILITY WITH THIS MANAGEMENT TEAM. RS adds reputation only and has done nothing yet to stamp his reputation on this company.

This is my opinion and I invest according to it and no other. When management proves it can be successful and begin bringing in revenue and become profitable then I will reassess the situation and stop trading my shares and become a shareholder.

And about the moderator part. A moderator moderates, he doesn't drink the kool-aid. His opinions are separate from his duties as a moderator.