RE: RE: RE: RE: Onward and upward....Maybe this wll help if you have not already seen it...the latest from a trusted, experienced, intellgent long who was on the scene this week-end:
"Those of us who were at the meeting have a much clearer picture now, and probably a much clearer picture than you. SFMI was in fact processing at the rates mentioned in the PR, but found the extraction was not efficient. They scaled back to maximize efficiency, and are now tweaking and tuning to raise the rate while maintaining efficiency. There will also be other changes and additions to the mill that will increase capacity. Yes, it was disappointing to hear the lower numbers, but it also became crystal clear that SFMI is executing their game plan methodically and properly. I'm the first one to agree that SFMI should be clearer and more informative in their PRs, but don't think that translates into a lack of execution of their game plan.
There will be some who will dump because they didn't hear the numbers they wanted, but from what I gathered at the meeting none of those will be people who attended the meeting. If any dumping of shares does occur, those who attended will in fact be there to scoop them up. What we saw and learned at the meeting was not "new", but it did intensify and solidify our belief that this is going to be a phenomenal story. I heard nothing but plans to either hold or buy even more shares. And this is from people who for the most part already hold multiple millions of shares.
spiny"
Sig: Spiny and several others who are longtime shareholders will no doubt be in agreement with him, are the straight goods. I do not doubt their veracity one tiny bit. I wish icould have been there but these sources are the eyes and ears for other investors that can be trusted. If there were those at the tour who said they will be buying Monday on a dip, that is a fact. Some of them have visited the site more than once and a few from the first year....when I got in at 2 cents. They are guys just like most of the rest of us who have been around the block and know what the exploration/mining business is about. They kow this project, Pierre and Rich inside out. Many have other PM investments but most think SFMI has one of the biggest upsides. These are guys that look under the hood and don't sufffer fools easily. I have been corresponding with a few of them for 3 years on SFMI...through all the many challenges....and every junior has more than eough of them...and most don't succeed after millions are lost. Adding this with all the other information sources, I have no doubt SFMI is going to be a very rewarding investment...and it already has for the early bird, longtime holders and a few astute traders.
We live in a new time, a time of growing desperation...and those who trade are taking risks with time that can be perilous because these markets are not free trading and those who have been manipulatng are getting their clocks cleaned. There will be days soon when one gets up in the morning and will be shocked...in a positive sense with respect to all matters gold and silver. Nothing is certain so we will never have all the answers. I'm very comfortable with my investment in SFMI. We all have to make our own decisions so you andothers have to do what is best for you. Goldbugs like me have suffered much over the last few years of criminally sppressed JPM markets and those responsible will be taken to task and to the cleaners starting a few weeks ago.
Those are my feelings and no one elses'. If anyone is just too anxious to stay the course, ten do what makes yu comfortable...the only cauto I can give is ...do not listen to what you see/hear on TV and most of the mastream media...altgh it is begrudgngly changing foe fear of legal retribution. Huge class actio law suits are becoming more noticable and it has just begun. The Gov. controlled regualtors in charge have gone too far and ow eill pay the price from the seething private sector.
For the big boys and the astute, The best safe haven from all the corruptness and currency debasement racing around the globe is already well invested gold and silver ...and it is becoming a tidal wave. There are serious choices for eveyone to make and those getting positioned in the JPMs will do better than almost anyone in a world that s on the precipice of a major global depression the likes of which has not bee seen for hundreds of years.
As for SFMI, in my opnion only, it buys you a ticket on the right train. Let me repeat myself, time is of the essence as all investmet rules can be thrown out the window now. Diversification is dead as all the risk profiles that investment ouses use have changed. One needs a rifle, not a shotgun. It is anachronistic to believe that gold/silver are seen as "risks"which is bandied about b the desperate who need your dough. Deer in the headlights will die.
Get into gold/silver....as suggested in my earlier treatise. OneI lke appens to be SFMI ut one has mltplecices all te way into the conservative, audited, dependable funds...such as Sprott, CEF, RBC (even though I hate the idea of big banks).....or suffer the consequences. I like SFMI as part of my PM investments.