PM- You're absolutely right.

The price has little to do with who's buying and who's not, who's pumping or dumping, the price of gold, or anything else. It has everything to do with the decisions made by the company, their progress, and the way they communicate.

There has been interminable speculation as to why the dump after the recent PR. Look no farther than the PR itself and the subsequent 8K. We had been hearing that financing for the entire drill program was in hand, that drilling would begin soon, etc. Instead we got the same old runaround. Here's part of what I wrote a few days ago:

"We were all expecting an announcement about funding and the start of a drilling program, and what do we get? Same old, same old. Start with the title of the PR: "Silver Falcon Mining, Inc. (SFMI) Starts Drill Program". Sounds good, huh? You can hear those drills whirring! Until you read the PR and find out that not only is there no drilling, they haven't even let out the contracts! And that's just for the Sinker, which still needs a lot of work before drilling can begin. Looks like the above ground drill program, which should have begun last year at the latest, is put off yet ANOTHER YEAR. That's BS. And the financing? "sufficient to allow for the reopening of the Sinker Tunnel and the beginning of an underground drilling program"- in other words, enough to finish the Sinker rehab (maybe), the rehab that we were told was finished in a PR over a year ago. The financing, which we were expecting to be for the full drilling program, turns out in the 8K to be the same old half mil business, with corresponding dilution (and warrants- grrrr). Maybe there are commitments for the rest of the $6 or 8 or 10M, but by now you should know not to believe it until it's in an SEC filing.

We got a decent price spike in anticipation of the news- I guess a lot of people thought SFMI had changed its spots. But what we got was a misleading (drill program underway!) PR with more promises than substance typical of SFMI. Anybody who bought thinking we had full funding and that drilling on the mountain and in the Sinker was about to begin was severely disappointed. Any wonder there was a selloff with the news? We may get the building permit next week (as noted, it's not the cyanide permit, but the permit for the building), but the real news we need, either drill results or revenue sufficient to at least fund the mill operations, if not the whole operation, is still a ways off. And in the case of drill results, farther off than we thought before the PR. I had at least hoped to have surface drilling results in the next few months. It's clear to potential longs that there is no reason to start a long position now, since there will be another delay before we get the news needed to really start the share price rise."

Not to mention the further delay in the 43-101 we were promised at the beginning of the year.

There is no reason to speculate about why the selloff after the PR. It was the PR. Does anyone really think there would have been a selloff if the PR had stated that drilling on the mountain had started, the Sinker was next in a few weeks, and that $10M was in hand for the entire drill program? And maybe the long promised 43-101 was finally out, even if it were primarily a historical document?

So enough with the trashing of other investors (including AS), especially when no one really knows the whole story. SFMI will get there, but unfortunately a lot later than they should have, and a lot later than we have been continuously led to believe.