Happy 4th Falcon Longs
posted on
Jul 01, 2011 02:39PM
(Edit this Message from the "Fast Facts" Section)
Just placed my final order for the week. It's amazing that a little guy like me can be a significant portion of the volume this week. I hate to see the price down here, but I'm just eating up shares at these silly, silly prices. The NR this week is the reason for my buying. It reinforced for me everything I needed to hear. I feel comfortable with this investment, and this thing is at fire sale prices. There's gonna be a fire alright, and it's about to be lit under SFMI. Imagine being shown Bobby Joe's series of pictures taken during the build up process with an explanation of the goings on. Then being shown a sampling of the historical data available, and then being told about the hiring of Roger (along with his remume'). Then being told that what they plan to pull out of the ground is worth $1500 oz. and $35 oz. and is available in abundance inside the mountain, roads laid, tunnels dug etc. Then being asked to guess what the stock price is........I would venture to say a novice with no knowledge or interest in mining would hazard a guess many multiples higher than 8 cents. A person with some experience and familiarity with this sector would call you crazy.
I've been here for about 18 months and for the life of me cannot figure out why the market is ignoring the Falcon. Countless hours of DD on my own, bolstered by the shared DD on this board by many who are far, far smarter than me have convinced me I'm in the right place. No company is perfect, but even with the Falcon's faults I believe it to be light years beyond it's competition because of it's "hybrid" nature. It's more than an explorer, even though it has a resource to define. But it will be a producer almost instantly, if not before, proving up this deposit. The canyon sized jump that SFMI has on it's peers is almost laughable.
If I'm missing something, I'm not alone. There are smart, resourceful and experienced investors here that all agree that SFMI is undervalued in the extreme. My average cost is now down in the 11 cent range thanks to this sell-off. I can hardly believe my eyes. And in my wildest imagination cannot fathom this not producing at least a quadruple from here. That same wild imagination has let loose with some pretty sexy numbers in the "best case scenario" category as well.
Thanks to all that post here. I hope your 4th of July is safe and happy. I look forward to seeing many of you at the events in Idaho later this year.
Best,
ag