Press Release Source: Santa Fe Gold Corporation On Monday September 13, 2010, 7:00 am EDT ALBUQUERQUE, N.M.--(BUSINESS WIRE)--Santa Fe Gold Corporation (OTCBB: SFEG - News) is pleased to announce that it has begun shipments to Aurubis AG, Europe’s largest copper and precious metals smelter with an initial shipment of 20 tons of precious metals concentrate. At current metal prices, this shipment of gold and silver concentrate is valued at approximately $425,000. The company’s Lordsburg flotation mill is in production and producing precious metals concentrate from its Summit mine located in southwest New Mexico.
“We are pleased to have reached a very favourable agreement with Aurubis AG on sales of concentrate,” said Pierce Carson, President and Chief Executive Officer. “We expect to shortly follow this initial shipment with sales and shipments of stockpiled concentrate, which will then be followed by on-going regular shipments of production concentrates from the Summit mine
Het, I agree. I hope you are right about SFEG. You know, its been a long time for me--I've been in SFEG since Dec 2004. Yahoo targeted this stock for $3 a share for almost 5 years. They just recently dropped the target amount on its site.
But, I will continue to hold for a better price, but the waiting is tough, very tough for me. I congratulate you on your 1.2 or 1.4 shareowership. I know you will be glad when SFEG goes to $5 dollars a share. It is nice to hear positive posts from you and keep up the good work here. You positive posts helps me to stay in the game--especially when I see other juniors appreciating in value and SFEG is lagging. It hurts.
1. Tell me, what is SFEG not doing to get exposure in the markets?
2. How will the CC appreciate the value of SFEG? I assume you know something about the CC.
3. Does big business attend these conferences? Somehow Wall Street (big money folks) got to be there to ask questions. Would you elaborate who is going to be at the CC?
4. Do you think they will put out official earnings before the CC so they can be discussed during the CC? Do you know if the CSC.V deal is completed?