Blue- Thanks for the pictures! Great work.

Looks like the mill expansion is not complete- still have some siding and the roof to put on. I'd be surprised if they installed any of the equipment before finishing the roof. I had wondered how much they could run the mill during construction, and your observations seem to indicate that they have to shut it down for at least some of the work. But that's good because at 20% recovery they run at a loss.

I've heard they're smelting in the new smelter/vault building, but it's obvious that that is not yet complete, either. Smelting can be done before the building is complete, as they were doing it outside earlier.

If Earll was paid in restricted stock, it meant he had to watch his "paycheck" go down in value before he could cash it. They should have just paid him in unrestricted stock, since after having him work for them for that long it didn't make much difference when he sold.

I knew they had some more rock bolting to go (the Sinker is much longer than 2000 feet). Wonder how much they have done since Earll left. Maybe they are just planning to bolt up to the point where they will be drilling.

Nice to hear the locals are still positive about SFMI. A much better barometer than message boards!

Let us know next time you go. I'm sure we'll all pitch in some beer money!

Thanks again!

spiny