Posted by gsdreamer:
Here are a couple interesting bits of info from RK for my fellow SFMI investors:
Sent: Wednesday, June 23, 2010 3:52 PM
To: 'RICH KAISER/YES INTERNATIONAL'
Subject: SFMI
Q:I have read that back in 2007 there were some encouraging drill results reported by an independent limited drilling program on several of our claims. However, I do not think that a feasibility study was ever done. Are there any plans for any additional drilling and / or mining feasibility studies to be done in the near future? If so, what claims would they target first and is there a timeframe?
http://www.silverfalconmining.com/news/releases/121307/12_13_07.html
A:The company need to do a feasibility in order to get on to the TSX. So, yes we are working towards one. We do have targets most are from historical mining reports and we will use those reports as a map for drill targets along with a soon to be announce magnetic airborne survey.
Q:I also read from the 10/03/08 release that the company had planned to build a “substantial mill capable of milling hundreds of tons per hour” inside the bowels of the War Eagle Mountain. At this point in time, is this still in the plan?
http://www.silverfalconmining.com/news/releases/100308/10_03_08.html
A:YES, the small mill will generate cash flow need to build the bigger mill. So, yes we are moving towards a sizable mill about 2500 tpd is my estimate in size.
