>but do any of you ever read the other boards?<

As you can probably tell from my posts, I monitor a number of boards and sites- not just for SFMI, but for other companies (mostly miners), and general mining and investing boards. Unfortunately, trolls and bashers are a fact of life- many boards, especially on Yahoo, have been taken over by them and abandoned by serious investors. Bashers can have many motives- they may be shorting the stock, trying to pick up cheap shares, or working for someone who is short or accumulating. Maybe they are a competitor or disgruntled employee, or simply some 40 year old loser living in his mother's basment who can't get attention or have an impact any other way. There has to be some motive other than altruism that drives these people to spend so much time on stocks that according to their posts they would never even consider owning. If the site has an ignore feature, you can always use that. I don't like to use the ignore feature, simply because I like to be aware of what guys like that are saying, as odious as it can be to read their garbage. Although I have to admit I have pretty much stopped reading the posts of the one guy I think you are refering to (downside?), and just skim enough to see if he is still repeating the same garbage. There has been speculation that he was somebody let go by the company after the Melba fiasco. Nonetheless, he does have the occasional point- the one-sided lease w/ Goldcorp being one of them, although he does exaggerate to make it appear as if that spells certain doom for SFMI.

As an example of why I also read the negative stuff- One company I was monitoring turned out to be a scam just like the lone negative guy was constantly warning. I don't think he was a typical basher, but probably an insider who had been involved w/ or screwed by previous scams conducted by the "reformed" CEO and his shady financier. The company probably was a real attempt at a legitimate business, but once the financial crisis hit, the CEO reverted to his previous shady ways to keep the company going, while screwing the stockholders in the process. Not sure which would have been better- going bankrupt and seeing the shares go to zero immediately, or seeing your shares slowly diluted and reverse split while losing 99.99% of their value just so the company could keep going.

None of this is to imply that I think SFMI is not a good investment- on the contrary it is now one of my largest holdings. It is a reminder that you shouldn't listen only to those saying nothing but good things about a stock. You need to know all you can about your investments- good and bad. I've found this board to be a pretty good source of a good mix of information. Everyone here knows the huge potential of this company, but we are also aware of the problems and potential pitfalls- if everything had gone smoothly we would have been producing revenue a year ago and have less than 50M shares outstanding. Yes, there was a lot of euphoria a year ago when it seemed we were on the verge of production- and rightly so. But the reasons for the delays were also discussed here once the information became available. Maybe that's the reason it's a bit more subdued (realistic?) now, even though it appears as if all the pieces (including the listing) are coming together at once. It's also an indication of how much potential there is that so many of us have had the patience to hold on this long.

GL

spiny