Welcome IW, this board was started from a good friend (Muaythai) who is no longer with us. His brother is around here somewhere.
Yeah we welcome good traders who respect the opinion of others. Many of us bring good trades to the board.
As far as SFMI, I like the fact they started with a plan to produce right out of the gate. This way revenue is coming in while they build their mill and find out how much ore is left in War Eagle mountain. The fact that that mountain and its mines hadn't been touched in nearly 100 years says a lot to me. Not only are the discarded tailings valuable because of improved processing capabilities from then to now, but in that there is no way they could have mined the entire mountain. I beleive it had been discovered a long the way that mining had stopped way back when because of a drop in precious metal prices, but also because it became increasingly difficult to get to the deeper stuff.
My only concern with sfmi is its relationship with its parent company ghdc and how profits will translate into their pockets instead of the sfmi shareholders. So if you could shed some light on this relationship we would greatly appreciate it.
I pretty much just stay in the back drop and off the sfmi board because I feel engaging most people on that board is futile and usually results in unproductive childish postings from the naysayers.
However, I like sfmi as a long term play and beleive they are on a good path of developing there assets. Time will tell.
All my sfmi shares at the moment are freebies, I took all my investment and some profits off the table on the ride up to .47 cents awhile back and have been just keeping an eye on the pps and news when its released. At some point in the near future I intend to accumulate a lot of shares, especially if it stays as low as it is.
Good luck,
your words are welcomed here
bikeguy
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