$SFMI-Do You See What I See
As Thanksgiving approaches, I thought I would take time to reflect on the state of certain affairs. Still suffering from the devastating damages of Hurricane Sandy, I'm sitting in a Starbucks typing this report. Its been 8 days since we've had power and it will probably be another 5+ more before we have it returned, but there is reason for optimism alll around. Looking at my smartphone picking up news of the stockmarket and watching the companies I like move forward, I wonder? Do you see what I see?
I'm looking at Silver Falcon Mining and I'm astonished at the continued progress the company continues to make. They've recently added a new director to their board adding some independent flair. His experience in the real estate market lends new perspective to this company. One of the major keys to any minerals play is an ability to quietly and efficiently acquire property that abut claims and/or might have mineral rights of their own. Having someone skilled in real estate can really help the company avoid missteps. This is just a bit of the icing through.
Since I started writing about Silver Falcon Mining, I've had a lot of shareholders contacting me telling this that and the other thing about how things should run. What a lot of them seem to miss is progress. The Sinker Tunnel project is now starting. Its a story that's 100 years in the making. Like other gold rushs that occured after this one, there is some real positive momentum. SFMI will continue to do what is necessary to get this project to a level that makes them a takeover target. The whole scenario reminds of how investors often treat biotech companies, running around with every positive or negative step as if they are on top of the world or the bottom of a barrel. Business takes time to develop and build. The company is now one more step closer to getting into the heart of War Eagle mountain and that alone could be worth its weight in gold.
The progress isn't just being made in the mountain, but the processing facility once they start bringing the minerals out of the mountain, is moving forward as well. The company is processing tailings and delivering bullion dore to Republic. These revenues are at least providing the company the ability to cover some overhead as they build up toward generating real revenues. There is a reason that mines are open for decades and not days. They will continue to develop new technologies to extract higher grade and better materials out of this mountain and generate better rates of return.
Do you see what I see?