Sphin- Good to see you're still around and posting. Basically agree w/ everything you said, and have a few comments to add.

WEM is as advertised...maybe better than advertised.

Reports make it sound so. All the geo reports I've read say that those major veins that were just tapped at points where they showed on the surface (no drilling in the 1800s) extend for crazy lengths, maybe miles long, and at least to Sinker depth and below, and with consistent grades. Why do you suppose they filed more than 2000 acres in extra claims? And remember what those grades are historically- >2.5 oz/t- maybe 10X what other miners have in veins that extend only hundreds of feet, if that. If SFMI finds only 1 oz/t, it will make WEM one of the biggest resources around, and conveniently located in the US. With a mill and smelter standing nearby.

SFMI is diluting. Nothing shocking here.

Correct- and the rate has been about 6M/month (though at higher prices). Nothing that will add up to much in the time it takes for revenue to ramp up to breakeven or thereabouts.

What we expected, however, was that revenue would begin to offset the costs associated with operation.

That's now in process- though later in the timeline than we all had hoped and expected- and been led to believe.

That's what hasn't happened. Hence four cents.

Both of those conditions should change soon.

Roger Scammell has come and gone. Why did he come and stay for such a short time?

Frankly, I was surprised they didn't pick someone younger to begin with, unless they expected things to happen more quickly, or for RS to be able to stay on a bit longer than he did. He evidently left due to family medical problems, is still a consultant, and only continued work on other projects that were closer to home. We should soon see the fruits of his work here. Rumor is he found us some shiny stuff.

someone, somewhere is accumulating.

I think some of those someones are on this board.

The family still sits on the BOD. Why?

A good question we are all still asking- louder than ever. It simply stinks not just that DQ is still on there, but that no experienced mining professionals are on the BOD. Reportedly will change soon- and certainly before any TSX listing. Maybe the Venture exchange before then? It's not much more work to get on the Venture and later move to the TSX (link).

Gold and silver appear to be as good a place as any to put your money in the short term...and the best place to put your money long term.

Junior explorers provide the best leverage to the price of gold and silver- assuming that they have the goods. Especially so now with the prices of even the majors lagging and not yet reflecting the rise in the price of PMs in the last few years.

Even the most staunch longs must have worn a patch bloody scratching their heads about where we are at this stage in the game.

I think most of us have a pretty good idea where we are- though it's not as far along as we expected. Simply a matter of time before we get enough information to better pin down our status.

My personal feeling is that we will all make more money than we have put in...but maybe not as much as we initally thought.

I never really had a specific goal in mind. I just expected it to be more than I will ever need. I still think that.

Maybe we were deceived by the many "rumors."

The amount of misinformation we have gotten is pretty astounding- and much of it comes straight from PRs. In my mind, that is the overwhelming reason the sp is at 4 cents.

Pierre may be getting the cream(and rightly so: he put this thing together)

I never resented PQ being compensated appropriately, and I hope he makes a bundle, because if he does I will too. I would rather have seen him do it directly, though, rather than by roundabout methods such as putting DQ on the BOD.

I am not a fan of what has transpired in the last year, but I am still in the game till the end

I'm not a fan of a lot of what has happened over the years, but the progress more than makes up for it- although I would have been much happier to have been kept informed. If so, I would have been able to trade in and out to a much greater extent and would probably have at least twice as many shares. As is, I kept pretty much all in since the big announcement was always imminent. Did move back and forth between the two companies, though, playing the change in sp ratios.

Long and (a little less) strong, Sphin

Long and as strong as I've been. All in now. And waiting.

PS...I miss Sinbob.

So do I. He and pmseeker got me in this long ago. Hope he's still around and will show up occasionally. Sounded like he's still in, though to a much lesser extent.