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Message: Re: afternoon selling pressure
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May 14, 2012 03:52PM

10Q should be out tomorrow if my calculations are correct (45 days after the first quarter...). I'll be interested to see what the revenues have been.

We could use an update on the Sinker. Has SFMI done everything they need to start drilling and are just waiting on permits, or is there more work to be done?

Could also use an update on the status of the smelter/vault. It wasn't visible in the picture RK sent to Garick. Has it been completed yet? Are there permitting issues? Are they still using the temporary smelter facilities? If there is still the potential for outside revenue from the smelter, I would think it would be a priority.

And what about the 43-101? I know SFMI doesn't control when it is ready since it's being done by a third party, but it's way past due even with the change in third parties (Rick Walker was hired during the process). If I understand correctly, RW may be the next board member (replacing DQ) but can't be added until the 43-101 is finished. It's really about time to get DQ out of there. Replace her with someone outside the company with mining experience right now, then replace CQ with RW when the 43-101 is done.

What is the staus of drilling on the mountain? The conditions should be OK for drilling soon. Are permits in place, or do they get pulled at the last minute?

Until we get some answers, info, and news, the sp is going to drift down. I'm tired of "buying opportunities".

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May 14, 2012 05:03PM
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May 14, 2012 05:49PM
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May 15, 2012 08:45AM
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