Morning Call Companies on the Move for Tuesday, November 13, 2007: SFMI to Develop Gold Just as Prices Are Soaring!
November 13 2007 - 10:33AM
Marketwired
WESTON, FL , Microsoft Corp. (NASDAQ: MSFT), Qualcomm
Incorporated (NASDAQ: QCOM), Seaway Valley Capital Corporation
(OTCBB: SWVC).
Silver Falcon Mining, Inc. (PINKSHEETS: SFMI) today announced
the completion of an additional capital project undertaken on the
mountain. Roads leading to the top of the mountain have been
upgraded to allow for heavier ore trucks. War Eagle Mountain is a
Gold property on which Silver Falcon Mining, Inc. has developmental
and operating rights to (14) deep-shaft mines covering the
Mountain's primary epithermal Gold and Silver-producing veins. War
Eagle Mountain has produced approximately 415,000 oz of
Gold-equivalent to date, worth $270 Million.
The War Eagle properties are adjacent to the open-pit Gold and
Silver mines of DeLamar Mountain and Florida Mountain, each owned
by Kinross Gold Co., and are south of Boise, Idaho, in the Silver
City Mining District. DeLamar Mountain produced approximately 67
Million oz of Silver, and 1 Million oz of Gold, worth $ 1.6
Billion. Mr. Pierre Quilliam, President of Silver Falcon Mining,
Inc., said, "With the mini-mill and metallurgical lab now completed
and the roads upgraded, we will be able to gain access to more
veins on the mountain, haul heavier ore loads, and continue
development activities at a considerably faster pace."
Other stocks highlighted include Microsoft Corp. (NASDAQ: MSFT):
Stock Pick List, down 1% on 84 million shares, Qualcomm
Incorporated (NASDAQ: QCOM): Stock Pick List, up 1% on55 million
shares, Seaway Valley Capital Corporation (OTCBB: SWVC): Stock Pick
List, down 13% on 22 million shares.
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