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Message: Re: News
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Jun 11, 2012 09:29AM

Jun 11, 2012 09:43AM

Jun 11, 2012 10:11AM

Pic- Why so negative? Maybe for one of the same reasons I and others have criticized SFMI before- nebulous and infuriating PRs that actually say very little of substance and lack the detail needed to evaluate your investment? This is just another fluff PR that while certainly positive in some ways doesn't really provide anything substantive to push the share price. I have assumed all along that SFMI would raise the cash needed to progress- especially drilling at this point- even if it meant ginormous dilution. Hopefully, the funding this PR relates to won't be too dilutive- but of course we don't have the details to evaluate it. But what this should mean is that drilling should commence soon. Right now, drilling is the only thing that really matters. With the mill running at a loss (thanks, CQ, you really earned your tripled salary) for the foreseeable future (where's the leaching permit?), the only thing that could lead to a significant sp increase right now (and maybe a buyout) is drill results confirming the resources in WEM. Let's get those drills going.

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Jun 11, 2012 10:57AM
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