gsfl....

This is why I went to the SHM. I wanted to see it firsthand and speak with the leaders of the pack.

Mistakes were made with the old mill...I found out downsideup was an employee of SFMI and had alot to do with the company losing alot of money. As you have noticed, downsideup isn't around on IFLUB anymore. Something legally must have came down.

IMO, I strongly came away thinking, SFMI has their house in order. RS told me..MSHA is holding up the Sinker Tunnel, however, SFMI is moving toward meeting the requirements set by MSHA.

Board members are buying shares..when I see them selling off, it will give me a clear indication something nasty is coming.

I truly believe PQ cares about the shareholders because people have followed him from another company that failed because the government pulled the rug from under him. He was last to go down with the ship and cost him alot.

43 101 is key and is moving forward along with sales of gold and silver next quarter. Buyback starts as soon as it happens. PQ told me directly.

gsfl....someone said you were at last years SHM and was respectful. I know your main focus is day trading.

Both LG and RK said there would be further dilution but also the buyback will reduce the float driving up the share price. How much more dilution..could be another 100 million shares depending on the share price, I have no clue. Dilution does bother me.

Another plus from last years meeting is...last year only 1000 shareholders held SFMI ...this year 5000 shareholders. More sellers than takers...but the tide will turn and we both know how quickly SFMI can spike upward.

I did get the rundown on Eike Batista deal from a shareholder. Batista's agent was conversing with PQ. PQ wanted to meet with Batista but Eike's agent was a flake. This rumor created a run on the shareprice. Pure speculation. PQ didn't create the rumor or the SEC would come down him. PQ literally has to watch what he writes in his PR's. The reason for the vagueness, basically because we have no 43 101.

Once the 43 101 is announced..I would bet another run will happen. How far will it go is anyone's guess.

As far as revenue, the doubters will come out and say..company is still running in the red. However, the mill is being retrofitted for an expansion to create more revenue to turn the company into a profitable one. I truly believe PQ wants this company to succeed. I read people pretty well and PQ is clearly an overachiever and wants to be successful. He is definitely a family man and respects others who have an illlness in the family and they need to be relieved of some duty to attend for their loved one. RS and PQ seem to have an excellent working relationship going and I asked PQ directly...Are you allowing RS to be his own man in heading the geology of WEM. PQ looked me straight in the eye and said YES.

So my conclusion of attending the SFM instead of relying on rumors or reading between the lines is...JMHO...SFMI is a keeper. Next year, without anymore interference...we will see SFMI.TSX