It wasn't a complete bust in 2012

Positives:

Two new recruits came on board in the full color of money and experience: Allen Simon and Paul Parliament.

40ft expansion and metallurgical lab completed. Security fence for both Sinker Tunnel and Mill installed. Rock bolting is continuing despite set backs with former contractors.

Permits came through.

$7 million dollars of stored concentrate waiting to be processed

New huge smelters and flotation system

Negatives:

Huge share payouts to BOD...dilution

Possible stock manipulation driving the share price down...love to see these bastards fry.

Over all..whole mining sector stock prices at lows. Newmont had major firings within its organization. SFMI going on 6yrs, still in business.

Roger Scammell left...wanted to drill last year..company went in another direction which cost us a year.

The share price doesn't make sense to me...but if you looked back when the stock market crashed..many of my other stocks have come back after getting hit severely.

Remember: You only lose when you sell unless the company goes bankrupt. You have to have ironballs to get into pennyland when it comes to mining companies. After 3 yrs, my balls are not only made of iron, they have some rust on them.

Hopefully, SFMI has a good 2013....personally, I wouldn't mind seeing Allen Simon replace Denise Q. on the BOD.

WEM is the treasure..I have no doubt the BOD and BOA want to drill the mountain.