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Message: Re: SOME BRIGHT SPOTS IN THE 10Q
4
Aug 15, 2011 09:46PM

Great post, Lindy. Here is my take on it.

The list of accomplishments keeps growing for sfmi. 18 months ago there was just a piece of land. Now they are pouring gold dore bars at their mill with their own smelter and using their own lab to locate higher grade materials. This will increase the flow of gold and silver moving forward. SFMI will soon be earning it's first revenues of approximately $1.7 mil in November. This is just ANOTHER milestone that most juniors never accomplish.

The biggest milestone in my opinion has been the addition of Roger Scammell to the BOD. He is why I will stick with sfmi as it grows. I don't like the Quilliam's feeding at the trough but don't forget that PQ invested $5 million of his own money into this so he does deserve to make some of that back while he waits for his shares to turn into an extremely wealthy man. I'll join in on that!

The burn rate share wise wasn't too bad this quarter. I'm happy with the 10Q.

1
Aug 16, 2011 09:34PM

G&s
Aug 16, 2011 10:44PM

G&s
Aug 16, 2011 11:32PM
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