Re: New to Agoracom and SFMI
in response to
by
posted on
Apr 30, 2012 01:28PM
(Edit this Message from the "Fast Facts" Section)
Bowser: Yes I believe it will be worth it .I have studied and read most everything since 10/09/09 They have the claims to War Eagle Mountain,the Mill is up and operating, roads are in, tunnels, shafts and entrances were left largely intact saving SFMI hundreds of millions and have been reinforced and made safe,& ventillation and drainage have been installed. There are reams of evidence ,assays,estimates and analysis left by previous owners who worked it and earned good money previously. Today we have diesel power or electric vehicles,electric or pneumatic drills, etc to drill, haul, load etc and a Gold price of $1650.00 for Gold versus $20.67 per oz and $32.00 for silver vs ? maybe $2.00 per oz. No more pick & shovels by hand & mules to carry it out. And you get all this for 3 to 4 cents per share. I would buy more ,if I didn't already have over $100,000.00 invested. Diversification permits me to calm my wife, persevere and wait till it fruits and yet sleep well .I have other investments in other Gold & Silver Mines and Canadian oil wells that support us by dividends or Capital Gains while waiting for SFMI & GHDC to ripen.Management has made mistakes but have gotten this far despite the errors and have a CPA on the board and lawyers and trained Geologists working hard and many advisors and a lot of their own money invested, so it is real, not a scam and other guys who have more money, more smarts, and deeper knowledge than I are in it and I respect their postings (see my previous post for their names. LINDY