to delete or not to delete?
posted on
Feb 22, 2011 03:34PM
(Edit this Message from the "Fast Facts" Section)
Anyone wanna give me odds on whether the following post I just made on ischulb will be deleted?
If a person doesn't understand how a young and growing company works that is fine. Here are a few reasons to believe taht this little company will be hugely successful. All of the 'red flags'you wave are typical for start up juniors. For instance, revenues will show up well after they have been received (10K's, 10Q's take time to submit).
Reasons to buy SFMI:
1. Huge gold and silver reserves at a time when gold and silver are hitting historic highs. Estimated 19 million ounces of gold remaining.
2. The largest silver nugget ever mined in the USA was pulled out of the poorman's mine.
3. The mill has recently been optimized, and even at just 60 tons per day (which will increase) the Oso ore is probably between 1 and 2 oz of gold per ton. So we've got a 16 cent stock which has just started to produce gold/silver concentrate (better than the $US). Even at just one oz of gold equivalent per ton, we're talking about revues of over $2 mil per month (based on 28 days per month). Not too shabby for a startupcompany sitting on huge reserves.
4. Roger Scammell just took over the operation after leaving another great junior (Scorpio Mining, producing silver in Mexico). Roger opted for payment in shares of sfmi, not a salary. 100% compensation in shares. HELLO do I need to tell you where he thinks the share price is headed???
5. 800,000 tons of easily accessible ore (currently being milled)
6. See the pic below. Read what it says. People died fighting over the gold and silver on War Eagle Mountain.