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Santa Fe Gold Corporation is a United States mining company. The Company focuses on acquiring, exploring and developing mineral properties. Its assets are the 100% owned Summit silver-gold property located in New Mexico, the leased Ortiz gold project in New Mexico and the 100% owned Black Canyon mica project in Arizona. On September 1, 2010, the Company supplied 3,000 to 6,000 tons of trial siliceous flux material to a smelter in Arizona. It previously provided the smelter with 3,000 tons of similar material earlier in the year. On September 13, 2010, it shipped an initial 20 tons of precious metals concentrate to a European smelter. On August 26, 2010, it announced the Company has contracted with another Arizona smelter to supply a trial shipment of 1,000 tons of siliceous flux material.

At time of writing SFEG is trading at 1.05 up 10%

Is this a goid time to buy? Usd is getting weaker and gold is climbing rapidly.

 

Tags: Gold, SFEG, Santa, SantaFe

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Today is starting at 1.10 ....

Santa Fe Gold Corp (SFEG): A Must See Investor Presentation

Santa Fe Gold Corporation (OTCBB: SFEG), a U.S.-based mining and exploration enterprise focused on developing gold, silver, copper and industrial mineral properties,) a company engaged in the same multi-billion dollar industry as Golden Mineral Company (AMEX:AUMN) and Allied Nevada Gold (AMEX:ANV), recently announced the company is nearing full production. At recent gold and silver prices, annual revenues are expected to reach $40 Million. The company has holdings in southwestern New Mexico and Arizona.

“Gearing up for full production” is not a phrase that is often used with junior exploration companies.  It is a phrase typically reserved for majors opening a new mine, but in the case of Santa Fe Gold Corporation (OTCBB: SFEG), it was the headline of a recent press release.  The key words in that phrase are “full production” and should not be glanced past as they are merely the next stage for this already producing silver and gold miner.  This, again, is another rarity as most juniors are only engaged in drilling and exploring while still years – and millions of dollars – away from actual production.  Santa Fe Gold did not get to this level by accident.  The highly experienced management team has a strong history of finance and exploration for publicly-traded companies.  Through a solid business model, the firm has built a diversified portfolio of prolific properties and owns the mill to process the materials.  As a result of its strategic moves, Santa Fe is already producing silver and gold ore at its Summit Mine in New Mexico and processing it a few miles away at its Lordsburg Mill.  Smelter contracts are intact and being exercised; a fact that completes the revenue cycle for Santa Fe.  Because of the efficiency of the negotiated contracts and localization of mills and mines, the Company has a cost basis for their gold production that rivals the lowest rates in the world.  All of this:  mines, mills, smelters, production and, most importantly, revenue and shares are still hovering around $1 each presenting a rare true value opportunity.  To learn more about Santa Fe Gold Corp., interested parties are encouraged to view the Company’s Investor Presentation at http://santafegoldcorp.com/home/investor_presentation.

Hey Misu.  I started taking a look at this company for a small investment.  I like the gold/silver play right now with prices at their highs and most likely going higher thanks to Bernake.  With gold at it's all time high right now, why do you think this stock is not at it's highs right now?  Possibly undervalued, but do you think there is any other reasons why?  Thanks for any input.  Also, do you own shares right now in the company?
From what I read it seems to me this might be a good investment for long term especially when gold is predicted to reach $2000 by the end of the year and Santa Fe Gold seems to do better and better by increasing production and actualy reaching full production pretty soon as the article is saying.
Yes I've bought a small amount of shares and hopfuly they will go higher then $1.00 :))
Wow SFEG up 20% today!!!

SFEG looks good on the chart....seeing a nice break out today

Yes it was in range for some time and now broke the $1.00 limit after only good news. They accuired a new silver mine that will produce
over time over $40 million. 

http://finance.yahoo.com/news/Santa-Fe-Gold-Ramps-Up-Summit-bw-2245...

Santa Fe Gold shows bullish signs it you take a look at the graphic.

SFEG closes the day at $1.22 with 650,559 volume.

Email Briefings  V- III Issue 4Santa Fe Gold Reports Strong Operating Results for 2012 Fiscal First HalfQuick Links Visit Our Website  
Investor Information   Special Video    
Fact SheetSanta Fe Gold CorpR. J. BommaritoShareholder Communication810-392-5135ALBUQUERQUE, N.M.--(BUSINESS WIRE)-- February 9, 2012 - Santa Fe Gold Corporation (OTCBB: SFEG.OB - News) is pleased to announce the financial results for its 2012 fiscal first half ending December 31, 2011.  Continued Growth in Revenue Santa Fe recorded revenue of $4,469,219 for its 2012 fiscal first half ended December 31, 2011, up 257% from revenue of $1,250,262 in the corresponding first half of fiscal 2011. The increase of $3,218,957 is due to increased production at the Summit mine and related shipments of precious metals concentrate, flux material and the sale of refined gold. Full financial results are available in the Company's Form 10-Q filed with the SEC and available at www.sec.gov. "We continue to increase production at our Summit silver-gold mine in New Mexico and are closer to our target of commercial production, which we expect to achieve during the current quarter," said Pierce Carson, CEO of Santa Fe. "With higher production and continued strength in gold and silver prices, we are optimistic that we will see even stronger operating results in the coming quarters." ColumbusSilver Acquisition  Santa Fe continues to make progress on its pending acquisition of Columbus Silver Corporation (TSXV: CSC.V - News) pursuant to which Santa Fe will conditionally acquire Columbus Silver for cash. The company expects the transaction to be concluded in March or April 2012. About Santa Fe Gold: Santa Fe Gold is a U.S.-based mining and exploration enterprise focused on acquiring and developing gold, silver, copper and industrial mineral properties. Santa Fe controls: (i) the Summit mine and Lordsburg mill in southwestern New Mexico, which began processing operations in 2010; (ii) a substantial land position near the Lordsburg mill, comprising the core of the Lordsburg Mining District; (iii) the Ortiz gold property in north-central New Mexico; (iv) the Black Canyon mica deposit and processing equipment near Phoenix, Arizona; and (v) a deposit of micaceous iron oxide (MIO) in western Arizona. Santa Fe Gold intends to build a portfolio of high-quality, diversified mineral assets with an emphasis on precious metals. To learn more about Santa F

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