Welcome to the Silver Falcon Mining HUB on AGORACOM

(Edit this Message from the "Fast Facts" Section)

Free
Message: Smelter

There is at least one smelter in the area according to a local who was at the meeting. PQ also mentioned two smelters elsewhere, in Arizona and Nevada, I think. They will probably release info once they get results from the smelter. The specifics of the smelter contract aren't really newsworthy, despite the FUD of the the bashers on the other site demanding to know the details of the smelter contract.

They will get revenue once the concentrate is smelted and they sell the gold and silver. That may or may not be before the next quarterly, and depending on when they sell, maybe not until the first quarterly of next year. At the tike of the meeting, they were still deciding how to list the concentrate and/or smelted gold and silver (maybe as inventory?) until they sell it. In the meantime, there is no problem using the concentrate as collateral. They have plenty of cash to do what they want to do.

PQ was very clear in stating that they would not release partial results or information.

Patience, grasshopper.

Share
New Message
Please login to post a reply