RB Kiss it baby...
posted on
Mar 27, 2011 12:35PM
(Edit this Message from the "Fast Facts" Section)
Will you get this post deleted from iscam by your bosses?
As far as I am concerned, SFMI has made great progress this past year. Much of the risk has been removed... for instance.... um..... WE HAVE A WORKING, FUNCTIONING MILL producing gold and silver concentrate. In Jan of 2010, just 14 months ago, there was no mill at all. Now I see it argued on this board that the mill isn't producing anything, or that it is a cardboard cut out on a hollywood set. So good to have a sense of humor but the mill is real, and the gold and silver is real.
Another note of progress? $7.2 mil of funding on fabulous terms for sfmi. "Silver Falcon Mining, Inc. may, at its discretion, periodically sell to Centurion shares of Silver Falcon's common stock at a price equal to 97% of the market price of Silver Falcon's common stock based on its last 15-day average closing price".
Another note of progress? Roger Scammell just left Scorpio Mining to work for Silver Falcon. This is huge news. SFMI's biggest need was mining expertise, and now we have it in RS. And he accepts 100% shares place of cash. Guess he likes the prospects of War Eagle Mountain.
So the question one must ask is this... will SFMI be able to become profitable before going bankrupt? (yes thanks to the mill and the safety of the funding in place). Are there reserves worthy of exploration in WEM? Most certainly! The DD on the geology of WEM is clear to see.
Oh one other thing... TV show in April will be the catalyst for sfmi to take off, and we're just a few weeks away. Hope shorty can get some sleep between now and then.... HAHAHAHAHAHAHAHAAHAHAHAHA!