Hello Boys and Girls, thanks to all for your tireless posts in the face of excruciating price action of the last few years. I've not been able lately to muster enough strength to post. Depressed share price has led to diminished finger coordination and I can't type anything that makes sense. Because SFMI at a penny and change makes no sense to me. So hats off to all of the intrepid shareholders here who've been able to hold it together in the face of such adversity.

That said, and being fully emotionally prepared for todays action in gold and silver to be yet another false start, I feel pretty good about what I'm seeing. A healthy move up today in both the metals and macro developments the world over that are bullish in the extreme for our sector.

I guess watching a portfolio that I believe in down to my soul, vaporize daily has taken it's toll, but for some reason today I feel a shift in the wind. Like a puppy sensing the first gestures of Autumn in the air, I'm feeling somewhat frisky today. Like the possibility that a change this way comes. I hope I'm right, cause I am weary and wounded.

Here is the closing paragraph of a blog from Ben Davies partner at Hinde Capital that I found to be an uplifting message that applies well to Silver Falcon.

Enjoy, glad to be back,

"There are potentially over 3000 gold and silver mining companies in existence today. Expect that number to halve over the next 2-3 years through an increasing wave of M&A activity and closures.
Very few companies are safe, large or small but no doubt there will be winners and losers.

We would focus on companies that have current cash flow or imminent cash flow from operations and don’t need to death-spiral finance and we would focus on the highest grade deposits (the difference between 4 grams/tonne resource and 0.25 grams/ tonne, in basic terms means you have to shift 16 times less rock for the same gold which is one of the best ways of controlling costs) and those with largest exploration upside.

Remember that all the cost-push inflation that is reducing the forward margins will ultimately reduce the gold supply which may kick start the next leg up in the gold market and the mining cycle will begin once again. Timing is everything."