Re: sfmi will be 1.25 this friday this time its for sure
posted on
May 25, 2010 06:46PM
(Edit this Message from the "Fast Facts" Section)
December at $5.00/share is more of a realistic expectation especially with drilling reports coming out at the end of summer, possible listing on both Canadian and Brazilian stock exchanges and revenue reports of money being generated by SFMI coupled with making lease obligations with Gold Corp. All for positive news making more investors curious about SFMI.
Who knows when SFMI will start buying back shares, my quess by October at the earliest. But I have been wrong before...could be sooner or later !!!! I believe when production reaches 400ton/day, then I would anticipate SFMI buying back shares.
$1.25 by this friday sounds like bump and dump tactics....I hope we close above .40/share and enjoy the steady ride up by Friday. I take a 5% a day increase with any stock.
Nice close today after hitting a low of .30 ...grass is growing with a solid foundation to back it up.