Post by
valueplaysonly on Aug 04, 2011 5:35pm
most gold companies report in ounces!!
555 grams of output, is this a joke? In Q1 they produced 81 ounces of gold not even one
ounce day, this is absurd. A bunch of migrant workers panning in any river could get more gold than this !!!!!! Now they report new production of 555 grams, 17 ounces of dore and only 11.5 ounces of gold. This could not even pay the hydro to keep a mine going, let alone employeees, mgmt, equipment etc. Also , what exactly is 555 grams of output. These turkeys dont even announce over WHAT period this production was from. I think its for the entire quarter since that was the last one reported. Now they talk about doubling production !!!! . This is analogous to a 1 pea shooter army doubling to two pea shooters. Pure pump and dump, buy when its dormant and sell it when the the CEO Quilliam "manufactures " a rally on this garbage news even a kindergarten kid can decipher? Its gotta cost at least 1 million a month to keep a mine going. There is no money in the till , no meaningful production and these evasive news releases that give no REAL news. So far they have announced only 98 ounces of gold produced in 6months . Then they announce a smeltering contract that requires 1500 ounces of gold. At this production rate their first 1500 ounces will take 7.5 years to get to. Not to worry the Quilliam crooks will be in some Caribbean safe haven and you will be the bagholders!!!
Comment by
whitedogx on Aug 05, 2011 11:14am
The joke is you trying to beat down this stock with your ignorance.
Comment by
Sinbob on Aug 07, 2011 12:30pm
Value...how many handles have you had over ythe last few years? Same old crap from you.The big bagholders are in NY...and they will soon have to give up the ghost...as global events make PM fundamentals overwhelming for the paper fraudsters. You are toast...but keep trying.
Comment by
valueplaysonly on Aug 17, 2011 6:47pm
ok READ the latest filing u baglic^er pumper. This Company has no CASH, no revenue and no mgmt team. if you read this entire filing u get the picture u pump and dump scammer .
https://biz.yahoo.com/e/110815/sfmi.pk10-q.html
Comment by
whitedogx on Aug 18, 2011 7:26am
Oh......I see. There is no other pm mining companies that are in the exploration/start up phase in which is capital intensive that are in debt or have a going concern clause in their 10Q. And we should move on and find a company that can guarantee our success........hmmmmm thanks Value