I haven't written in awhile, but I do skim the Board occasionally and as most of you know it's a "round up the usual suspects" type of message board. That being said, our tireless cheerleader Bouts has obviously been way off base on most of his estimates, however I've know a couple of good folks who believe he is sincere in his efforts to promote this stock, so I'm willing to give him the benefit of doubt and I'd be glad to "shine BOUTS shoes" if what he currently thinks is true and this company even survives! There are some good people on this Board and many are rightfully discouraged so I will chime in with my 2 cents at this juncture to see I can provide any additional hope ( I know: "Hope is NOT a good investment strategy", but that's all we have at this point).

That being said I think this company has an outside chance to be "winner" if the Qs step aside and some of the more competent principals take command because the company reportedly has some extremely valuable leases and the mill is still valuable property and most likely the tailings are now considered by some to more viable than was previously thought using only current processing methods and finally and most importantly, the historical records imply upwards of 10 million oz of gold plus silver in WEM which at the current low price would be worth over $12 billion gross. With projected mining extraction costs well below $600 oz or even below $300 oz in some veins, WEM would yield gross profit of more than $6 billion and of course the mining operation would occur over a period of many years, but in my opinion this would actually increase the return SUBSTANTIALLY because most likely the current cyclical PM bear market is over and prices are heading much higher. Some fundatmental investors and PM cycle theorists I read and trust actually are saying the old HIGHS in both gold and silver will soon be broken and prices like $3000 gold and $100 silver will be the next price targets levels in the next couple of years. I know folks are discouraged, but as they say the "cure for low prices is low prices" and that's what we've now had for 3 1/2 years and the time is come for the next upward cycle unless one thinks "gold is a 6000 year old bubble" and is about to pop for good. I am NOT in that camp and the simple two primary reasons I believe that gold and silver and the miners are still good investments and provide viable protection of one's wealth are: 1) unabated global central bank money printing and 2) global investment bank derivative trading. So, sure it's a bit of a gamble at this point to put any more money in good old SFMI, but hey $1000 bet at this point could yield $100,000 if this company survives and the stock only goes to 1 cent so I've taken that bet myself and hope to recover my initial investment at a minimum or if the stars line up and everything starts going right with SFMI, the mining sector and the PM prices, I still might "strike it rich" with the Falcon - I'm not holding my breath mind you, but there's more than a slim chance that it still could happen!! Happy Holidays to all Faithful Longs!!! Khaki