What I'm sending to those who I recommended SFMI to.

SFMI NR

Quick, thumbnail response to this morning’s NR.

Beautiful increase in feed assays increasing to 3g/t gold and 15g/t silver. Since this is above ground booty (already mined ore) the cost factors are negligent when compared to other explorers and producers with open pit projections/operations. These SFMI assays, in effect, are low hanging fruit in comparison …and therefore vastly more profitable than other JPMs…since infrastructure and production are in place…very rare. Interesting that SFMI is trading at multiples lower than most comparable JPMs.

Additionally, with ongoing and future increases in ore grades, recovery, production output…and the price of gold and silver (estimate gold $2000/oz. near term, silver $100/oz. 2012 and $50/oz. 2011 end)…the future is bright indeed for SFMI. Minimal sales proceeds for 2012 are over $7 million…but there is so much more to digest than that.

SFMI also has that additional “zing” factor of an exciting exploration outlook based on the historical mining geological documentation, ongoing progress in the Sinker Tunnel to facilitate near term drilling of accessible high grade veins and near term permitting approval for immediate commencement. The credibility of geologist Roger Scammel edifies optimism for this project. On that very factor alone, SFMI should be trading much higher.

Shareholders await the upcoming shareholders meeting later this week with great anticipation.

In my opinion, SFMI should be trading much higher.