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Message: Re: 3/4 oz /per ton of precious metals in SFMI news

Good, very good morning all!

I am out of the loop lately due to email, internet connection and now CP problems...and some other "stuff" life brings our way. I thought I got all the crap out of the system in the last few days...including the SFMI smash and grab.

But let's focus on the good news. 3/4 0z/t gold equivalent....that is what Rich told PMSeeker this morning...by way of clarification. So, we have about 23 grams/T gold initial tailings run . WoW! That's fantastic the way I read it because they are still fine tuning the mill and they have higher grades in the various dumps of discarded ore to process from. So, this is just the beginning!

Let's see, .75 x $1200/oz = $900/t gross returns...minus $50/t processing..yields gross $850/T...times 500,000 to 800,000 est. tons...Yikes!! Incredible! There are other costs to yield net such as 15% goldcorp, etc. but am in a hurry here and others here may have already done that.

With more good news on its way, I believe this week, we can sit back and relax and watch our investment grow again. I could go on and on here waxing poetic on the attributes ofSFMI...but from my vantage point anyone who buys now has been truly blessed with this recent, overshoot of a pullback. What a buying opportunity!

My suspicion is that funds did all this for many different reasons. Some wanted in at much lower prices. also, the usual suspects can be credited with criminal naked shorting...blnaket naked shortng of the whole JPM sector has been going o for years now and is coming to and end and the masters of the universe of managed markets have their backs against the wall here. We are looking at options expiry here and the bad guys are hugely underwater and need to get gold down int the $1140 area. tey als have unprecedented, concentrated short positons in the gold and silver futures markets that they cannot deliver on....s muc more.

Anyway, gld and silver will soon be heading back up, good news is upon us with SFMI and the demand for physical gold and silver and the shares has owhere to go but up.

Later...

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