Rocketstocks said this...

SFMI is blowing $$$ faster than they are making it... and its going to accelerate as they move into the next stage of the business plan, per filings.

Soooo...if they are losing more than they are making, the question must be asked, "On what are they losing it?" According to this 10-Q they are losing it in the pursuit of proving out their reserves, right???

They are a milling company with a solid plan to mine (put forward by a certified geologist with a proven successful track record) and they need money up front. And his point issss????

Let's say they end up owing $100M after they successfully prove out WEM. Who in their right mind does not think that we will receive either a JV offer, or an outright buyout offer to make that $100M look like child's play.

Remember, WEM was the prize of Kinross. They know what is in there. Scammell knows what is in there. The historical documents show what is in there...

...and I'm supposed to be worried about some up-front debt and dilution??? Whatever. Where's the "buy" button!