Welcome to the Silver Falcon Mining HUB on AGORACOM

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

Free
Message: Silver Falcon Mining Road Show and Broker Meetings

Thanks HR for the excellent recap of the NY meetings. Thanks to Carmine as well. Very much appreciated. As you stated, really no NEW information, but excellent clarification on certain items. Some things are actually more delayed than I thought, like the BOD changes, TSX listing and the financing for drilling. And did I read that right about the closed circuit system ...it will take 2 years to install?

IMO if no new money is raised, then the NY crew will step in and provide the initial $3 million in funding, which will prepare the Sinker Tunnel for drilling, fund the ongoing NI 43-101, pay for the mill expansion and allow for the beginning phase of the drilling inside of the mountain. IMO that is why Pierre is confident drilling will start in May. The issue will be the remaining funding, but IMO it will be more probable to get that secondary funding since by then they will be much further with their plan and may have some initial drill results. Also, the share price MAY be higher by then where they will have more options.

I see this as a long term hold based on where we are today.

Share
New Message
Please login to post a reply