Silver Falcon Mining

Welcome to the Silver Falcon Mining HUB on AGORACOM (Edit this Message from the "Fast Facts" Section)
in response to Garick's message

PQ had always planned to bring in real mining expertise as soon as things got running. He has been doing that, and that process will only speed up.Maybe bring in some expertise from Brazil?

It's obvious that SFMI will never exhaust the resources on War Eagle Mountain at the present rate. I don't think anyone expected them to continue at 400 tpd for the duration.They will increase production one way or another.

The volatility of gold at this point is largely irrelevant. SFMI's business plan was based on $650 gold, and I doubt we will even come close to seeing that number again. SFMI will be wildly profitable at anywhere near the present gold and silver prices.

As to a buyout, we all have our price. Knowing what we do about War Eagle, I hope everyone's price is as high as mine. Right now I'd take $10. I'd think about $5.

Please login to post a reply
spiny
City
Rank
President
Activity Points
9793
Rating
Your Rating
Date Joined
06/03/2008
Social Links
Private Message
Silver Falcon Mining
Symbol
SFMI
Exchange
OTCBB
Shares
202,565,218 class A (3.88M- B)
Industry
Metals & Minerals
Create a Post