Welcome to the Silver Falcon Mining HUB on AGORACOM

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

Free
Message: The one thing I'd loke to see dealt with at the SHM

If there is only one topic raised at the SHM, it has to be the problematic PRs and the (lack of) SFMI communication with shareholders. By all indications (many of which we have to guess at or rely on Bobby Joe's pictures for), SFMI is making great progress. But there is too much we have to guess at or speculate about. We are told that they are producing dore on a schedule, but there are no numbers. We are told that grades are increasing, but the numbers we are given on the web site have no units (an inexcusable mistake) and no date, so we have no idea if they ARE increasing. We know they are stockpiling concentrate, but have no numbers on amounts or grades other than for a 6 month period in which they produced "2.61 tonnes of concentrate containing an average of 81.19 oz. of gold and 94.97 oz. of silver". But is that 81 oz per ton, or per 2.61 tons? And what the hell is the "super concentrate" that they smelted? Is it the same as the concentrate? I have no idea- I just read the PRs. And no clarifications despite problems being pointed out repeatedly- the same lack of action in correcting other errors and ambiguities. And what is the status of the Sinker- Just waiting for permits, or still needing major work?

I could go on- Everyone here knows the problems with the PRs. If progress at the mill and on the mountain is anything like what we hear (little thanks to SFMI), then the PRs are the only REAL problem SFMI has. And it is the ONLY reason that a company that has made so much progress in the last year is now trading at one third the price it was a year ago.

Share
New Message
Please login to post a reply