Month end....As others have clearly alluded to here...not that it will make much difference...pretty well all the pros and cons on SFMI have been discussed ad nauseaum. There are facts and there are unsubstantiated opinions. There is anecdotal evidence, qualified and quality geological reports,empirical mining data, assay and visual evidence, substantiation by way of the 110 investors at the mine and mill tour, empirical feedback from local residents and co. employees...and much more.
One can spend hours reseaching the easily accessible information in the 4 years of progressive news releases and all the data at the SFMI website. There is a plethora of factual posts by Oryx, Clearview, DC Much, and many more just on this website over the last year...many, many of which are very well and succinctly presented. Still the denials persist.
After all this time the doubts still gush forth....and are continually rebutted over and over again. Every step along the way, after every solid step forward SFMI has made, from property claims to Sinker tunnel acquisition to modern mill construction to start up production to impending intial smelter results to increases in the tonnage of the ore piles...the denials have all been there and proven wrong. When the Co, is actually producing $ millions/mnth...there will still be complaints.
Now someone wants proof that the ore piles contain high grade gold/silver. That day will come and then they will doubt the validity of the mine grades...until proven. Meanwhile, when the stock was 2 cents and all those detractors were spinning their web, many did not buy...or sold at 4 cents and were left out of the race.
Today we see the PMs and JPMs being take down yet again as panic is induced to pressure sells and naked shorting takes its toll. Those who buy into promising JPMs today will be big winners in the month of December...I promise you that. Next week, both metals will proceed towards $1460 and $30. I don't know if many noticed the charts mentioned earlier but as Jesse's Cafe and others indicate, gold was going to $1376 followed by a pullback (as in now) to be followed by a surge up to the $1455 area. It is aa clear as day what will happen. Today we see the final efforts of JP Morgan tryng to get out of as many short positions as possible....clear as day and blatantly corrupt...same old.
As for SFMI, I can't say whether they will do this or that on any particular week...but they will do news releases and if they time it with the markets this month, and if the news is substantive...say preliminary smelter results of .75 oz/ton...or even 6 gms/ton...it will be the same as solid drill results for an explorer, only better because they don't have any digging to do and their grades will be much higher than the 1gm/ton stuff amd less we are seeing that propels stocks to 8o cents and more. Then SFMI happens to have a mill, which these high flying overnight wonders can only wish to have in 3 years...and can only wish to do their own production...which they won't because the cost is prohibitive. They want a buy out on spec.
So, to pretend that SFMI is doing all they are with "piles of dirt" is quite hilarious. Can you imagine what would happen if the smelter results were .5gms/ton??? (even though that is happening with early explorers and investment is still going into such projects). We all know the management of SFMI has a good knowldge of what they hold and if they knew the results were poor, they would be crucified. They have the ball and if the project has to move forward in solid, progressive steps with cash flow, they have the time and time is their friend. As the race to grab in-ground resources intensifies in December things will only get sweeter for the holders of SFMI. Every day longer it takes to move this now-cash-flowing project forward, the bigger the ballooning upside there will be.
So watch the PM...JPM markets in Decemeber folks because we are going on a nice flight. Those buying stocks like Silver Wheaton and YRI and so many others today..are going to have a wonderful Christmas. Juniors such as SFMI wll return much higher percentages with good news.
All of the above is just "my opinion"...but I like the fact that it is research based on the information that comes from many so qualified experts in the PM markets.
Gee, I'm not much of a techie...but look at that little pigtail at the very end point of the giant pennant formation chart of SFMI. Will it turn up and blast through the upper line? If the stars are alligned here anything can happen. If it does we are looking at 60 cents before Christms.