Re: Exciting news from WEM so far
in response to
by
posted on
Sep 25, 2011 08:00AM
(Edit this Message from the "Fast Facts" Section)
Regarding GHDC....they will start receiving their lease payments in January. GHDC is looking at other properties. However, the major player is SFMI. SFMI goes on the TSX.
What is keeping me in the game is Roger Scammel. He said mapping and drilling in mining is very important and filing the 43 101. IMO it's obvious when the man joined the team he convinced the inexperienced board we have to get this ball rolling on filing the 43 101 and we don't need the drilling results to get the 43 101 rolling. RS's job is geology, doesn't have anything to do with milling operation.
I asked PQ, does RS have free rein and his response was YES. Which means RS is the Bill Walsh ( 49er headcoach ) of directing and handling the drilling and 43 101. MSHA is the only obstactle or we would have already begun.
I asked RS how his wife is doing, she is in recovery in Toronto, Canada. She is a geologist too. He said her recovery time is about a year. RS met her while he was her boss. We had a good laugh.
In regards with Scorpio Mining, it is mostly Zinc...silver production is on the bottom of list. RS mentioned how it shot up from pennies to over $4 pps in no time. Then retreated...chart will explain it. As far as SFMI, we are looking at GOLD and SILVER...when the word gets out with the 43 101....what will this penny stock shoot up to? RS isn't here because we don't have the goods. I met gsdreamer and his wife...dreamer gave me more info on RS. This man isn't a schlep...or a bottom feeder of geologists. Geologists look up to this man. GET IT?
Amazing how much progress has been made at the mill. Added Security Guards along with a guards station. I talked with one guard after I took his picture. He said, " No pictures of us, please delete it. He explained how SFMI will be secured. This is huge folks. The ball is rolling and we are moving in the right direction.
I would highly recommend people attend next years SHM and meet with the cast. My motto is....Get it straight out of the horse's mouth. This SHM is special because you meet with everyone of importance after the SHM and get more insight and feel of the man or woman in power. They were up front and answered questions within the legality of the SEC. PQ and RK explained why the vagueness of the PR's. First off, no 43 101....SEC listens carefully....
I am not pumping or bashing. I am trying to as objective as possible because I have a few bucks in this game. I don't like dilution but the reality is..mistakes have been made and cost the company. But every small company starting makes mistakes. Even a Super Bowl winning team lost games during the year, but did they quit or did they try to overcome their mistakes and move on. This is how I see SFMI.
PQ isn't lazy and wants to be a winner. You can see it in his expression and how he speaks of the operation. He is an over acheiver..no question about it. It's obvious to me...Roger Scammel wouldn't be here if he wasn't. Also, when PQ brings on new board members, he wants the same mindset.
My position after my SHM and WEM visit. I am not selling and looking to add more SFMI. 43 101 is the key....
Sell, hold or buy..I really don't care.
ps...here is a huge positive..if we had to drill out the Sinker Tunnel it would cost $38,000 a foot. RS was amazed of the Sinker Tunnel in how near perfect it was.
PEACE...