Last weeks PR was released because funding is in place. Waiting for 8k filing, and investors will wish they bought under .01
the question of mining the resources of War Eagle Mountain still appeared as a major effort requiring financing not available to SFMI at present. Therefore the Board realized that an injection of new blood was required. Effective immediately, the Company's subsidiary, 'PALMIRS INC' will legally become Silver Falcon Exploration, Inc., a wholly owned subsidiary of SFMI. The SFMI Board will appoint Mr. Leliever a well-known Canadian figure in the mining industry as Chief Executive Officer of the newly named entity.
I bet that any funding being wired into Silver Falcon Exploration, PQ will NOT have access to, making sure that all funds are being used for the Sinker Tunnel Project. They wouldn't announce John Levelier and Walter Hanych if the commitment of funds were not on the table. IMO