Re onsite report.
posted on
Nov 09, 2009 11:05AM
(Edit this Message from the "Fast Facts" Section)
Echoing the sentiments of others here, I thank you very much for the on-site update LongSFMI. It is always most appreciated.
I’m glad to hear that the transportation of construction materials and tailings can proceed via the temporary driveway. The build up of the stockpile of new tailings from the mountain is also positive since there is the expectation that they are higher grade ( than the average grade of5-7 gms/ton of those at Melba)…which can only be very promising.
Pouring the cement pad won’t be a problem even if the weather gets colder, although I am not sure what the average temperature ranges are at this time of the year and going into December. It only makes sense that the generator will supply enough power to sufficiently heat the mill and the water supply in addition to the requirements of the processing and the on-site office. Knowing that the manager of operations has his shit together and that SFMI will very soon be a producer of gold and silver bullion is most edifying indeed.
There are so many onsite and other upbeat factors now about this project that you have so credibly identified for investors, it is difficult to see the stock now trading at least ten times below where it should be… at least 60 cents/share. But that is another story that we have all discussed here and that should also be changing soon given all the macroscopic factors.
I’m sure we can all look forward to ongoing, rewarding news and stock performance over the next few months.