Welcome to the Silver Falcon Mining HUB on AGORACOM

(Edit this Message from the "Fast Facts" Section)

Free
Message: question for the baord

The overall picture seems to be playing out as expected. However, the devil is in the details. If the all of the payments and share distributions to the "consultants" are already included in the filings that are out, then it looks good for GHDC if news of other sources of revenue shows up. But if each source of revenue comes with its own payouts that exceed the revenue, then GHDC is toast- or at least the present shareholders are. However, I presume that the former is correct, and all the payouts are already in the filings.

As far as SFMI, progress in overhauling GHDC should also mean progress in financing SFMI. I doubt that they would have announced the new personnel for SFMI if they weren't expecting financing to follow shortly. Again, the details will make the difference. Hopefully, the financing is non-dilutive, because present shareholders (especially long-term ones) can't take much more reduction in their leverage. Based on reading the tea leaves in previous filings, I think the financing will be in the form of a loan rather than shares. If indeed the constant and excessive dilution is over for both GHDC and SFMI, then maybe we can start to see some progress in the share price.

Share
New Message
Please login to post a reply