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Message: Re: fade

Sep 06, 2011 11:20AM
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Sep 06, 2011 01:36PM

Sep 06, 2011 01:59PM

I always thought that the reason the stock tanked after last year's shareholder meeting was that a recent PR had stated that the mill run rate was 140 tpd. Then at the meeting we were told it was actually less than half that (40-70 tpd). It was a main topic of discussion on the boards at the time, and the only real negative to come out of the meeting (other than not being given any real numbers). One of many examples of misleading, weasel worded, and frankly dishonest PRs. BTW, the the most recent rate for which we have information is about 33 tpd ("for the first three months of 2011, the Company processed 3005 tonnes")

Murphy, Id. -- (MARKET WIRE) -- 07/01/10 -- Silver Falcon Mining, Inc. (OTCBB: SFMI) announces an update on its 100% owned Diamond Creek Mill Facility, located in Murphy, ID. Based on the composition of the ore, the current run-rate has been established at 140 tpd (tons per day). The mill engineer has confirmed that the host rock, containing gold and silver mineralization, softened due to extensive weathering from its years of environmental exposure. Since the mill feed composition is softer than expected, the Diamond Creek Mill can crush and process throughputs faster and less expensively.

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