Re: Getting a bit ugly....spiny
in response to
by
posted on
Aug 26, 2013 04:34PM
(Edit this Message from the "Fast Facts" Section)
What I took from the press release, MANY mining companies are looking at SFMI to process their ore.
Bradenton, FL-August 26, 2013- Silver Falcon Mining, Inc. (OTCBB:SFMI) proceeds with contract milling services. During this recent slow-down in the world’s mining sector, mining entities continue to look for cost-cutting but increased efficiencies in their operations. As such, SFMI’s management has been approached by a number of mining entities within the surrounding states for assistance in milling, metallurgical processes, milling engineering and other milling related activities.
I remember the photo of RK with the huge smelter.....These guys are making a major mining facility. When the Masked Rider is announced and what they bring to the table, we will see more expansion of the Diamond Creek mill with the addition of the closed loop system and an undertaking of the drilling program of WEM.
I was talking with one investor today that SFMI can't expect a buyout..they have to move forward as a legit mining and exploration company. If an offer is made by a major like Barrick or Newmont, I bet PQ and the BOD are willing to listen to the offer. However, so far no offers have been made as far as I know.
Any money generated by SFMI is good for the company and the long term success of it.
Selling individual donuts is as good as selling a dozen. This is how I see the contracts with outside mining entities...we are selling individual donuts until someone wants to buy a dozen.
Game on.....