Been away for a while and nothing has changed.

First: I see that AUM has pretty well admitted that nothing can be done to prevent the ongoing naked shorting of mining stock shares so that pretty well ends my little multi year campaign of blasting the Canadian regulators...no one really cares...proof and all. All we can do is wait for the longs to take over, if they ever do, against the unlimited paper of Wall St. and Washington. So, it comes down to global vs. the Western banks...and/or hedge funds, sovereign investors, wealthy individuals and banks to run the price of gold and silver sky high.

Second: as you all know, there are precious few high grade discoveries in the world now. We are witnessing a cast of developers that have spent hundreds of millions planning to miine open pit deposits that range all the way own to under one gram ( 1/30th of an ounce) per ton of rock/material... they are literally moving cubic miles of material. Insane, but all made possible by the price of gold that will just keep rising with global liquidity/inflation/monetary debasement and debt bailing out debt.

So, no matter what the maagement problems and the shares out...if War Eagle has what many think it has...extemely rare, high grade... up to ounces/ton gold and silver... it will be one of the biggest 'rediscovered' rich, PM resources on the planet..with perhaps over 10 miillion ounces to ream out of War Eagle. This can bring challenges of their own because those with big money who suspect this will do everything possible to take out the deposit for fractions of its real value...and that is just what is and has been happening all along in my ever-so-humble opinion.

Is Pierre a hero or a villain? Well, no doubt he has made big mistakes and wants big compensation...big job, big pay... and no one cares if he pulls it off and the stock moves very nicely. If Pierre has been playing chess with the big greed and the big money who, I would have to think want his pile of marbles, maybe he is more clever than we think. He has to piece off someone out there to take this mine to production...so trade offs have to be made.

We all have to think of other possiibilites that may present barriers to all promising deposits. Will the US Gov. confiscate all mining proceeds due to their desperate need for them? Will they offer prices comppetitiive to global markets? Remember, after the election, all bets are off and all things are possible. Some estimate that the Fed/US has depleted all gold invenstories several times over. The Dutch and Germans are now hot on the trail of their vaulted gold supposedly held by the Fed. Desperation will require desperate deeds. This act is ow in its final stages.

So, SFMI or AUM or any other JPM or PM stock, especially US based, may be in the cross hairs of overbearing power. Many expect the default/closure of the COMEX. We all have much to contemplate for all of our PM mining investments. Not sure what the case will be in Canada but I am bettiing that we won't have such problems...ours are of the naked shorting variety...orchestrated from south of the border.

We are all at the mercy of guessing now just what the next set of global titanic struggles will bring to our market sector.