Nothing has been misleading. The Company has never been shy about statements on using shares to fund this project. Once COMMERCIAL production begins, a commercial revenue stream will be forthcoming and a share buy-back will occur monthly to reduce share that had been expensed to fund the operations. In 2010, the Company built roads, built a mill and tweaked the mill components using the lowest grade tailings, the Belle Peck Adit tailings. The Belle peck was never designated for a production grade of materials for revenue projections. It was used to tweak the mill for optimal effectiveness and efficiency and the low grade concentrate produced was or is to establish a relationship with a smelter organization. At this point in time, we are waiting for the results of the first shipment sent to the smelter. SFMI put the date in the last pr based on estimates from the smelter. Obviously, they are behind schedule and we as a company are waiting. The industry service sectors for the mining industry are extremely behind schedule due to the bull market in commodities. SFMI truly believe the smelter gave an estimate with reasonable expectation to perform accordingly, but industry experience, as of late, is that services providers, be it- engineers, miners, labs, smelters, equipment suppliers, etc, cannot keep up with demand from the mining sector. Thus, SFMI is waiting just like every other mining company for results. The Company expects positive results from the smelter arrangement but to expect millions of dollars from production of the Belle Peck pile is just not realistic. The nominal money that will be received from the first very small shipment to the smelter will cause a buy-back of nominal amt of shares.

Again, this is not Commercial production, the Oso Zone tailing pile is much higher grade material that will be used for commercial production.