Silver Falcon Mining

This is how I am reading it....revenue after sales this year will be $7mil.

Lease payment to GHDC is 75k a month plus back payments. I don't think tailings are reguired to pay 15% royalty fee.

15% buyback plan...so 15% of 7 millon - 5.95 million leaves $1.05 million to buyback shares. Shares back to treasury 8,400,000 at .08 pps

571 million shares outstanding between the two companies. Buyback of over 8 million shares doesn't even put a dent in accumilation of shares by dilution.

Add in the factor of processing the tailings at $50 pt which I excluded from above. My worry is more dilution resulting in a buyout that will be worthless. JMO

I am glad I am attending this year's SHM to listen to what they have to say.

Please, anyone chime in. I am all eyes at this time.