All of these rumors and speculations are certainly interesting. To me I see no reason to have changed from the program announced at the Annual Shareholders Meeting. We were then told that the flotation system would be used to process the stored processed material (30,000 tons) to bring it down to 3,000 tons of refined material which would then be reprocessed in the cyanide system. The cyanide system would be operational by late fall of 2013. That is when the saleable dore will begin being produced. I don't recall them saying that anything saleable would be produced out of the flotation system, but perhaps I just don't recall them saying that. If by some wonder process they are now able to retrieve 70% of the remaing 80% of the gold out of the previously processed 30,000 tons, I'm all for it. But this is a huge change from what we were told at the meeting. Of course this would not be the first time that what happens is different from what we were told, but usually when that happens, it is not on the better than we were told side. I would give the prospect of the rumors being true at about 3%. May I be wrong!

I actually sold a piece of property at the end of the year and placed part of those funds in SFMI and GHDC. My "hope" is that I was smart. There is always a first time for everything! I could not pass up these extra ordinary prices. So I was one of the buyers during this blood bath. Either the person (entity) that sold was incredibly dumb, or I was incredibly dumb. The jury is out.

I am now invested evenly in SFMI and GHDC. I'm a conservative politically, but I guess I'm a moderate as an investor. Just can't make up my mind which is best.

OMHO, Calfarmer