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Sandfire Resources America Inc C.SFR


Primary Symbol: V.SFR Alternate Symbol(s):  SRAFF

Sandfire Resources America Inc. is a Canada-based junior exploration company. The Company is focused on the exploration, development, and mining of its 100% owned flagship property, the Black Butte Copper Project in central Montana, the United States. The Black Butte Copper Project is located approximately 17 miles north of White Sulphur Springs and includes the Johnny Lee Deposit, which contains a copper concentration. The Black Butte Copper Project is an underground mine. This project uses state-of-the-art technology and modern techniques to mine high-grade copper. The Company is an 86.9% subsidiary of Sandfire Resources Ltd.


TSXV:SFR - Post by User

Comment by huxleyon Jan 27, 2013 9:20pm
242 Views
Post# 20897176

RE: RE: RE: RE: No news yet ????????

RE: RE: RE: RE: No news yet ????????

In answer to youur question: No, nobody out here knows if they got their approval. What some of us do have noticed is that the quarterly financial report that should have been released end of December wasn't. That should be a cause for concern. I don't see any leaked info in these strange weekly (always on a Friday) buying and the approval. Issuing 81 mil basically worthless shares should send the shareprice down to 0.005 cents. It will act as another 40:1 consolidation. So why buy now if you might be able to get it with a 90% discount in a few months?

 

cheers,

 

huxley

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