Replies to post #55553 on Silver Falcon Mining Inc. (fka SFMI)

[geomine]

Iambrok: They did not have to do it this way. With any experienced mining management, they would have collected the ore and retained a mining engineer to develop a processing system. There are many qualified people to do this but looks like they went out on their own and constructed two different mills, and after two years decided that this was not the right process? Part of the original "selling process" to locals was that this would not use chemicals in the processing. Maybe that is why they have done it this way, get in so far that you cannot back out?? There is only one reason to do the drilling and ore definition and that is to attract financing, either with major mining companies or stock offering. If they are really sure that the silver and gold exist, then the existing Big Boys that they claim to have on board could just put up the money, BUT? don't see the money yet. The whole system, milling, gravity, floatation,and leaching is probably what is necessary to recover the silver and gold, but we have never seen a feasibility study with all the chemistry of the ore defined, with estimated recovery rates. Typically this type of information is developed before they start construction of a processing plant. Geomine.

[Peggy]

Are you implying that SFMI is a real company? Sure doesn't act like a real company.

[User-65225]

What good would it have been to prove that mountain is full of gold and silver if you can't get the PM out of the ore.

It would prove a lot more (for much less) than spending $40,000,000 on inexperienced management salaries and a system that did not work... You can always get the PMs out of the Ore, its just a matter of the cost of doing so. Drilling early would have allowed them to calculate if the project is even feasible/profitable and worth investing in... its all backwards.

They have wasted too much $$$$ and several years moving this along at a snails pace, while compensating themselves handsomely the whole time.

When you and other longs invested, you didn't expect any of this. I remember the claims... so lets not pretend that they did it the right way from day one, cause they didn't. Any experienced mining professional would state the same.

[Martin1]

You are correct, we will grow and we will succeed because the growth we have now will produce income, once the drills turn and reserves are proven the sp will really go up quick.

I allmost sunk a lot of cash into scams like great basin gold, thank God I did not, look how that is tanking ! SFMI is the real deal, it has growing pains but it will succeed and we will be rewarded.