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Message: Odds 'n'ends

Wow- Looks like I should go away more often. The share price tripled while I was gone. Let's hope that is the beginning of real changes, not just another head fake.

There are some clues in the amended 10K:

"In the Fall of 2013, we plan to install a chemical leaching facility at our mill site in order to improve the yields from our raw material ."

Since this was just filed, it indicates that they plan to begin construction soon. But "we plan to" has rarely panned out with SFMI, at least in the original time frames. Can they get the remaining permits in that time frame? Doubtful, so this might just be more pie in the sky.

Based on the numbers given for processing ore, it looks like they averaged ~33 tpd in 2011 and 2012. That probably includes times when the mill was not operating, so that will be a minimum tpd number. Also, it looks like they produced ~100 oz/year of gold. That averages out to ~0.26 g/t extracted and smelted. Not good. Maybe more concentrate is around waiting to be smelted, but they need to increase efficiency and production. Maybe get some experienced mining and milling people in?

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