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Message: A dose of reality.....

Don't worry Ritchie...Rich is not asleep. It is true that the JPM sector is so active right now that indeed everything is backing up...assays results, equipment deliveries, etc.

Just to put SFMI in to context a bit, I am attending a presentation in an hour at a local hotel to hear a presentation by the management of a Canadian JPM that is exploring in the prolific Timmins gold camp area of Canada. They are in the process of dewatering and ventilating a previous working mine... as well as surface channeling for grab samples in another area that is not far from Goldcorp's famous Henlo property...and near another property that has had bonanza near surface results.

So far, the reported historic, 43-101 compliant assays don't look bad given the price of gold and silver....and the recent channle samples look good as well. These guys are raising dough and encourgaing investment to move forward...which can go on for a long time. I don't trust certain members of the management team...they make PQ look like an angel.

Anyway, their stock is trading at 20 cents and I'll bet it keeps going. I wouldn't touch it with a ten foot pole...but I am curious. I will wait t see what happens over the next 6 months.

What I am trying to say is that, compared to SFMI, this thing looks like a rusted out two cycle lawnmower compared to a new Mercedes. Think under 1gm to 4 gm per ton diffused in sporadic and thin layers ...that needs thousands of meters infill drilling just to get up to any speed. There are hundreds of these "reborn" old mines/workings springing up all over North America alone. I am looking at a 1996 map of the Timmins camp with 18 of the largest explorers/miners from Kinross to the defunct Echo Bay mines. All of these old claims/properties are now reborn under new names...many with a sad history of investment losses and stock rollbacks of at least ten to one. You should see the new names and the prices of many of their stocks. Unbelieveable! And you know what...it is just beginning and many of them will be viable as the PMs move up in price.

Guess what! Not one of them can come even close to what SFMI offers at this time.

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