SFMI paid $638,000. in 2010 for lawyer fees to track down owners of claims (and probably to negotiate and buy claims from same) on WEM. GHDC does not show any expenditures in 2010 for lawyer fees. SFMI recently announced that SFMI (not GHDC) 100% owns the Cumberland lode claim and mill. Therefore SFMI does not owe GHDC a 15% fee for ore mined from the Cumberland claim. SFMI would only owe Bissel/New Vision a 15% fee if ore from the Cumberland lode claim is transported through the Sinker tunnel complex. Conceivably SFMI could mine ore from the Cumberland lode claim and transport it to the mill without owing Bissel/New Vision or GHDC any fees at all.

Since SFMI is spending the money to contact and obviously negotiate and buy new properties without any 15% fees (Cumberland lode claim?) , then any new properties purchased by SFMI could be 15% or 30% fee free, depending on how Pierre and mine people get the ore to the mill. Since Pierre has a big vested interest (his Bissel Corp. 7.5% interest paid on all ore transported through the Sinker tunnel) in SFMI using the Sinker tunnel, it remains to be seen whether having SFMI buy new non-fee encumbered properties will work out for the SFMI shareholders' best interest (finding a route to the mill that does not use the GHDC leased property or use of the Sinker tunnel). The plan to develop the mines on WEM sounds like all of the ore on the MT will be transported through the Sinker tunnel complex in getting to the mill. Having SFMI buy the new properties will at least insure that only the Sinker tunnel 15% fee might have to be paid from SFMI profits on ore mined from those new properties.