Hello out there Tim, Blue and anyone else.

I have been intrigued by this project ever since I was informed of its existence by someone I trust. As per my previous posts on BB "X", my first priority was DD which I spent a good deal of time on by way of background searches re the personnel, IR, the listing, the pub co., the resource history of War Eagle Mountain, the former mining production and history, the pub co. and holding co. relationship, the low float and shares not trading for two years, the motive for the discerning Chinese investment involvement, the former involvement of Kinross back before 2000, and more.

I have talked to Rich Kaiser IR, at "Yes International" twice and emailed him several times and I have found him to be receptive, responsive, credible and very knowledgeable. The company has a good history and has and does represent man credible pucks (Scorpio, RSM, North Star Electronics, McKenzie Bay and others). They have a reputation to uphold. You can check out their website readily.

I have not yet called CEO Pierre Quilliam but I will in due course. As you know SFMI was a taken over shell co. and had its shares rolled back in order to initiate a pub co for the War Eagle endeavour. In order to get immediate public listing rather than wait several months for an OTCBB listing (now in the legal and audit process for 2 months) the management opted to list on the pink sheets (for a kick start), which as we all know, has a clouded history. On the other hand so do all the other exchanges now, especially with respect to naked shorting, dark pools, derivatives and all the other nefariousness that plagues all exchanges. However, with an official OTCBB listing expected by June/July, the company will be filing quarterly and annually and shareholders and others will have information access to an audited Co.

All the red flags, in my opinion, have been addressed and I look forward to the OTC listing. I the meanwhile the co. is progressing towards cash flow from the milling of existing tailings at the site. This is only one reason why I find this unknown start up to be very interesting. Not only are "we" (as I am now a shareholder) going to cash flow quickly, but the float (shares tradable) is low and of the outstanding 48M only 15M are free trading as the other 32M are restricted for two years. I have been told that it is most unlikely that more shares will be issued since the cash flow should address all cost concerns and the co. has/had about $16 million in cash from it's investors in both the pub co and the holding co. (Goldcorp Holding...no relation to Goldcorp) The holding co. receives 15% of all gross proceeds of the venture while the pub co, SFMI gets 85%.

What I find very attractive is that all the infrastructure is in place and that the mill in nearby Melba, Idaho is near ready for production of silver ore...estim. about $37 million in the tailings (...and higher if gold/silver move higher) before any mining is commenced. If one investigates the resource base/potential for War Eagle, (see website for info) the numbers are truly impressive. and all this in the US. This mountain has established high grades of gold averaging over 2.5 ounces (75 grams) per ton with "hot spots up to 25 oz/ton and an estimated reserve of 500,000 to 3 million oz. of gold plus new area potential for significantly more. This information comes from the Idaho Bureau of mines in a two page report that is available form them. They also have a 126 page report available for, I believe, $20. Initial production will commence soon (tailings) with a mine life of 15 to 20 years and an annual yield of $330 million at $1000 gold. This is excluding the very real potential for significant new discovery of high grade ore in close proximity....due to the advance in geological mining technology. Similar to other areas of gold discovery (Red Lake for Example) War Eagle portends to have much, yet undiscovered resource. I suspect SFMI will be drilling on the mountain for these indicators sometime this year.

SFMI has progressed very rapidly and much more positive news will be forthcoming soon I am told. I have diddled around in the PM stocks for over 20 years and can’t ever recall anything as good as this from a start up pub co. At first I thought it was too good to be true but after all my poking around, I have been smitten. Hey, with everything I know so far, this project is a steal at 6 cents. And I just picked up more at 4.5 cents. Crazy! But we live in crazy times in the PM sector, where both the technicals and fundamentals have never, and ever looked better here at the bottom of the next up cycle in the long term precious metals Bull Run. So what is this project already worth? I'll let you come to your own conclusions but I know it has t be worth at lest a dime and subjectively a dollar or more with huge blue sky potential.

SFMI has already issued several NRs on equipment purchase and delivery, registration process for OTC listing, millable grades from assays, increase land acquisition, and more. I expect more positive NRs shortly on very solid progress. Well, there you have my layman's version of why I am invested in and intrigued by SFMI.

I advise any interested to satisfy their curiosity with due diligence on their own part as this little treatise is merely a cursory overview.