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Message: Re: heck of a day but its all good.

Jun 23, 2010 12:31AM

PQ had always planned to bring in real mining expertise as soon as things got running. He has been doing that, and that process will only speed up.Maybe bring in some expertise from Brazil?

It's obvious that SFMI will never exhaust the resources on War Eagle Mountain at the present rate. I don't think anyone expected them to continue at 400 tpd for the duration.They will increase production one way or another.

The volatility of gold at this point is largely irrelevant. SFMI's business plan was based on $650 gold, and I doubt we will even come close to seeing that number again. SFMI will be wildly profitable at anywhere near the present gold and silver prices.

As to a buyout, we all have our price. Knowing what we do about War Eagle, I hope everyone's price is as high as mine. Right now I'd take $10. I'd think about $5.


Jun 24, 2010 01:15PM
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Jun 24, 2010 02:05PM

Jun 24, 2010 03:15PM

Jun 24, 2010 03:32PM
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