The recent price action was entirely consistent with SFMI's share price history. A PR outlining recent developments and promising imminent results spurs a spate of buying, which is followed by a slow selloff and drift downward while waiting for confirmation of the positives described in the PR- notification of shipments and revenue, actual production numbers for the flotation system, news that Sinker ore has been processed and that it indeed meets expectations. We're also waiting for confirmation of developments rumored and/or promised repeatedly for YEARS now, non-toxic financing at more than subsistence level and the commencement of drilling. The people selling obviously think that, based on past history, these events either won't happen or will occur much later than promised.

That is in no way a reflection of my thinking, of course- I do think that some of these events are imminent or under way, but I'm not going to assume anything until I see official confirmation. But you can certainly understand why the average investor, who relies on official information and is not privy to the rumors or hooked into the grapevine, would be selling now, because history shows that so far at least he can sell now and buy back cheaper later when the promised goods aren't delivered in a reasonable time. Assuming, of course, that he does indeed decide to buy back in. No one knows how many have invested in SFMI and left never to return after failing to see the oft promised drilling, monthly shipments, revenues, etc., materialize.

Let's hope that this time is the exception to the rule, and we indeed get confirmation of all the positive events we are expecting sooner, rather than later, than expected.