Re: SFMI ASM, My impressions. ..."reality"

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Macod

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Re: SFMI ASM, My impressions. ..."reality"

in response to

SFMI ASM, My impressions.

calfarmer

posted on Oct 08, 2013 08:04AM

Calfarmer -

Very much appreciate the report back from the SHM. Thank you for that. However, now that PQ realizes the "reality" of the situation that doesn't make me feel any better. Seems like we have dead money here at best if we can absorb the dilution.

So sounds like they will be sending their material to the New Jersey Mining Company in Kellogg, Idaho if I were to guess. They are located over 500 miles away.

The explanation on the revenue reporting sounds like a bunch of crap.

I remember this quote from the July 15 PR:

"A team of geologists from Canada are in route to do a professional sampling of the above material. Subject to their independent assay verification, this "Group" expressed an IMMEDIATE interest in arranging financing for the closed-loop leaching circuit unit and for a drilling program on and under the SFMI's War Eagle mountain mineral claims

What the heck happened to the Canadian investors funding the company??? Seems like everyone that gets close to this company gets the chilly willies once they realize the "reality".