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Message: Today in SFMI and GHDC

Sinbob,

I've heard similar rumblings, but no timetable other than soon. SFMI is unique. Having the above ground ore meant that getting to production was amazingly quick and relatively inexpensive. If the ore they are processing has the grades you mentioned, compared to the expected 5-6 gpt based on the assays they have released, then revenue is going to ramp up very fast. The geology of the mines should mean that they can be re-opened relatively quickly, especially if big outside money finances it. We all know what they will find as soon as they start drilling and digging. And all this will happen in quick succession, if not simultaneously. Usually with a junior or startup, you have good drill results, a spike in sp, decay of the sp until more drilling can be done, more results, spike, delay, decay, permitting, spike, delay, decay, financing, spike, delay, decay, construction, spike delay, decay, etc. until production finally begins years and tens or hundreds of $M later. I doubt that SFMI is going to have anything like the delay decay part of the cycle- just news and spike, and repeat. This is getting to be exciting.

I wonder if Carmine and the others have had the lid put on. It's unusual not to hear from them.

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