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Message: Re: SFMI LONGS

Jun 25, 2009 10:30PM

Hello Majorel:

Wish I had the answers. I have promoted this stock personally as have others here. My credibiltity and theirs is important to all of us.

Let me put it another way though, more from a macro perspective. That last post I made taken from LeMetroploe cafe mirrors my thinking. One day we will wake up and realize the JPMs are on a tear. Once the spec fever starts and the producers start competing for in-ground resources, hold on to your hat. When...wish I knew but the atmosphere is pregnant with anticipation and positive activity with those recent drill results for a few such as LSG and Rubicon.

This can be a very frustrating business and timing cycles can change everthing. Not only has the whole junior sector been criminally and legally shorted, manipulated and suppressed for many years now...it is woefully oversold and undervalued as never before. Nature cannot be suppressed and will have its revenge as it compensates for "artificial gravity" imposed on it by mere mortals.

In another time, say the late seventies, stocks such as SFMI, would have been priced to the other extreme ...say $3 to $4/share at this point in their journey...all based on any of a number of things such as froth, hype, unrealistic expectations, assays, promise, competitive markets and so on. This will happen again, only this time...starting over the next months and continuing for at least a few years...and there will be ridiculous valuations placed on the juniors. If by chance your selection was a winner and produced gold/silver with ongoing high grade discoveries...it would reach extremely high prices or be bought out y a big producer. You know all this Majorel but I like to remind myself that it is all going to materialize again.

I have experienced the thrill of such returns and will do so again, as will many here. Will SFMI live up to its promise? We will know soon enough...by the very latest this fall. On the other hand all bets are off if the juniors begin to see action at ay time between now and the fall.

SFMI has to report ongoing progress in a timely and candid manner. I am of the belief, given the credible historical information, that SFMI has great high grade resource potential over and above the muck piles of quality grade discard from the old mining ventures. I am waiting for the listing news like others here. I am waiting for an honest timeline on the completion of the new mill and a realistic and honest reporting of the expected commencement of production. I am wondering what the plans are for the financing of ongoing activities. I am looking forward to any future assay information, sample assays, geological assumptions and/or discovered anomalies, potential drilling activity/timetable, potential mine workings from accessible areas, progress reports, possible milling/production scheduling/updates, expectations and potential cash flow updates/profitability, share dilution, burn rate, management/personnel changes/updates, possible outside producer interest, promotional activity, analyst or letter writer interest/articles and any other information of interest to SFMI shareholders.

Well, I've said enough and I don't wish to appear impatient as I do understand that one must be realistic and reasonable with respect to all the normal challenges and tasks at hand.


Jun 26, 2009 02:31AM

Jun 26, 2009 10:25AM

Jun 26, 2009 01:03PM
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