Welcome to the Silver Falcon Mining HUB on AGORACOM

(Edit this Message from the "Fast Facts" Section)

Free
Message: Buy Back Plan

This is my assumption based on what I heard and read.

1. Buyback plan is like a dividend check raising the demand with less supply creating a growth stock. I like to see SFMI head into the dollar range than pay dividends.

2. If a dividend was paid, IMO it wouldn't come until the ore from within the mountain is extracted. We are years from that happening. I don't think SFMI will ever pay dividends.

3. ABX pays a dividend, however, they're a huge mining operation compared to SFMI which isn't even a commercial mining operation yet.

When talking with RK, I said to him...I still think Barrick Gold is going to buy us out for a couple reasons.

a. Next door neighbor

b. Huge capital reserve

Some people have suggested to me Scorpio Mining is in the hunt. I don't think so for a couple of reasons and mentioned this to RK and he laughed.

a. Barrick Gold is over $50 pps compared to Scorpio which is under $2pps and is a young company.

b. 43 101 will determine the value of WEM and it will be in billions of dollars. Could be over 100 billion...

Who has that type of money to buy us out .... Newmont, Vale and Barrick to name a few.

All of this is my opinion...I am following my dream.

Share
New Message
Please login to post a reply