Silver Falcon Mining

GHDC has 398M shares and only 400M authorized. That leaves less than 2M more shares that can be issued. Their expenses are much more than income (which for now is in the form of SFMI shares, not cash), due solely to the outrageous salaries. GHDC doesn't have many options. They have to issue shares, somehow borrow without using shares as payment, greatly reduce salaries (fat chance), increase the AS, or do a reverse split. I don't see any other options for now.

SFMI on the other hand has an AS of 10B. No need to increase the AS or do a reverse split.

All this could change with an influx of cash. But I'd much rather see any cash used for drilling, getting mining started in the Sinker, and upgrading the mill, rather than blowing it on paying outrageous salaries to PQ and family.