Replies to post #40637 on Silver Falcon Mining Inc. (fka SFMI)

[mont20]

Link to International Silver buying Tailings:


http://money.cnn.com/news/newsfeeds/articles/globenewswire/235099.htm

Interesting that tailings becoming valuable.

[town drunk]

Lets bear in mind That they have only a 9 month supply of concentrate which is 3-4 ounces a day.At 4 ounces a day for 270 days is only 1080 ounces of gold.At 5 ounces it is only 1350 ounces.They will be lucky to ship 1400 ounces before the end of the year then they will have to wait another 6 months to make another 1400 ounce (AU)dore as at their milling rate of 60 tons that is all they can get, at less than 2.9 grams gross.

[bc322032]

there won't be a "bombshell" Q showing a burn rate of millions per month

I assume you mean there will not be ANOTHER bombshell showing more that 1 million burn rate per month as the SEC shows the 1st 6 months of this year are 1+ million per month.

IMO yes it would be a BOMBSHELL to have say 1.5 or YIKES 2 million per month burn for Q3 this year with NO, yes, NO sales at ALL for Q3 of 2011.

Yes IMO that will NOSE DIVE the SP of SFMI. Also more draconian language about funding operations for 2013 in question will also drive the SP down even more.

Time will tell if I get to buy in at 4 or 3 or 2 or 1 cent!