Re: It's official......DK
in response to
by
posted on
Jan 01, 2013 01:29PM
(Edit this Message from the "Fast Facts" Section)
This was from the PR on 11/20/2012
"Drilling Program Update
With the property now secured, the equipment necessary for work to begin in the Sinker Tunnel Gold Project is arriving on site and is being made ready for use.
There are three kinds of ore on the Company's properties; INFERRED resources, PROBABLE reserves and PROVEN reserves. The drilling program will be an ongoing affair with drilling both inside and on the surface of the mountain while it explores and evaluates the value of the ore available. This will translate into the much awaited instrument NI 43-101 giving the shareholders positive proof of the value of their holdings. A supply of the rich ore from the veins available in the Sinker tunnel will enable the Company to adjust its mill to the appropriate settings for a continued production and delivery of Bullion DORE."
What makes you think their intention is not to drill?
On your other issues...according to what RK told.... Paul Parliament put in $3 million dollars. Also...RK said again..."SFMI will be buying back shares off the market to reduce the float"
My advice is call Rich Kaiser since you're a concerned shareholder and ask him questions. THATS HIS JOB to help answer your questions as a concerned shareholder.
I was given a rumor that SFMI can only extract 1000 tons of ore/yr from within WEM because its only an exploration company. After talking to RK, he said its 5000 tons a year. I was given mixed rumors Allen Simon was in, Allen Simon was out. According to RK...Simon is still in and may become a BOD in 2013.
Allow RK to ease your pain......thats what he is for. I expect a PR in January...