First, apologize to the other board members here for taking up the space to reply to our "friend" Igalop and his family member who does fraud research for a "giant federal agency". If others here want him banned please say so.

Well, Igalop, don’t know how I’d have your phone # since my reference was to a poster that frequents other BBs. You did come along in October and you have posted some good information re taking possession of stock certificates. That has nothing to do with SFMI. I myself have advocated that in the past. You also seem to have expertise in junior mining and exploration.

However, I have suspicions because you have managed to bring negative points into almost all of your posts starting with your second one in Nov. about the trucks hauling tailings…that you were confused. Then there was doubt cast on gold if the US stockpile of gold was to be revalued upwards and that that could put a damper on gold prices. By the way, that will never happen because the suspicions are that there is little if any gold left in Fort Knox. That is why the Fed. is terrified of an audit. Your next post mentioned another miner that had jumped from 5 cents to $1.67.

Your posts are often ambiguous. Jan. 2nd, you “don’t want to spoil the party” by mentioning that you’ve been waiting 2 years for SFMI to turn “a pile of dirt” into gold and you stress the delays forthcoming as per your “experience” in the industry. Then you question the status of the listing in a seemingly innocuous way. In your next post you step it up a notch and question the amount paid for the land purchase…that it is “ten times the norm for Idaho pasture”. I believe Spiny or someone here rebutted that nonsense. Then you stress how long you’ve waited again. Then you post that a delay has been caused by someone forgetting to order a fuel tank.

On March 11 your are “concerned with the dilution of the shares” and why is someone rewarded with share compensation, which is the normal practice as you should know, in may industries….and you mislead by saying that there are 200 million shares out when there are less than 150 million. You were rebuffed on that one too. No mention is made about the NR saying that SFMI is planning to buy back shares with 15% of its smelter returns.

Your last post that I took umbrage with is the best of all. You dig up the old refrain about management being suspect and that a relative (who we find out later is a fraud investigator…that is a classic! Tell him to check out JP Morgan and GS) talks about a “shadowy past” that has been addressed many times. Your semantics in that post are confusing and misleading to say the least. I believe I answered all your skepticism in my reply to you. Of course you are only the innocent messenger. Oops...there you go saying that the co. has not done the best job in getting production started. Last I heard, as I replied to you, 5 years is the norm and in many cases it is seven.

The most ridiculous assumption is that management will get rich when SFMI shares go to 5$, which mans that the shareholders should be jumping for joy. Then you have the nerve to tell Pierre to come clean! Again you cast aspersions on him that have all been addressed to the satisfaction of all the longs I know in this stock.

I must say you have tried very hard to disguise yourself here. It isn’t working.

Igalop…take a long hike.