I just got off the phone with RK and we had a fairly long and detailed discussion of where things stand. Rich said things are a little behind schedule, but the same plan is in place to process the ore to with the new leach system to offset costs of building the mill and reduce dilution. Rich said they are caught up in man of the same down cycle issues as the rest of the mining sector. And Pic you'll love this response because he said NO ONE should be in SFMI for the tailings/ore because in his opinion War Eagle holds the real prize of 10 million Gold equivilent ozs!! He said Silver Falcon had funding problems last year because the drop in the SP caused the stock to be delisted from the OTCbb and then this lead to problems with the S-1 and ultimately their funding source, but now they feel that they can control dilution better through a different funding mechanism (I'll bet that's Al Simon!). Rich also said that what SF is experiencing with regard to dilution is the same thing every jr. miner goes through and that once revenue is produced the dilution is reduced through buybacks and that is their plan. Rich closed the conversation by saying his prediction for gold and silver this year is $2000 gold and $50 silver! Khaki