SFEG is not supposed to use the financing to start up silver production, the purpose of it was to pay down outstanding debt. Their creditors are up on their balance sheets right now but not made whole by any means. So SFEG are where they were previously, without income, without production, and still in some heavy debt, and their creditors cannot be in a good mood, the creditors have a deal with Tyhee and SFEG which they will want to consummate and not by litigation to keep it sweet since much depends on SFEG going into production through collaboration with Tyhee. Tyhee is not going to pay off anywhere near all the debt and creditors will want Tyhee to take the risk after this has gone so wrong for them under current management. Creditors will see TDC as a source of cash, a start up to future production and a likely mid-level producer with a bright future and more resources to resolve all this and to get their cash back. In the meantime Tyhee is obviously looking for other ways to spend their outstanding $3.75 million from their own loan, wonder what the SFEG creditors and shareholders think of that as time continues to pass? No, we are not going out of business. Time is on our side, but it will take time so hang in. Right on, money spent now in the direction of SFEG is an investment.

A good analyst I use says the price of silver is going to $15 by May 23rd, and possibly as low as $13.50 by July before it takes off again, I'm betting he is right as he has always been so far, he is not a short term predictor - if the price does crash, all the better to resolve this.

What were they thinking at Santa Fe? The head fake threat of litigation is not going to work, but it may keep their shareholders happy for a while and prevent further litigation from the SH. The creditors' leverage is a major key to this. Got to persuade the shareholders to let go and give it up which will take time. "We are so close to production, just on the brink, all the equipment and mills and drifts and plans are there, just need a little bit of cash to start 'er up, then the money will start rolling in and we can get rid of Tyhee" - must be a tough decision but the shareholders will benefit from this deal if they take it, or take the chance of losing it all if they don't. In the meantime, onwards to other targets while they consider their options ..... Ike