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Seafield Resources Ltd V.SFF



TSXV:SFF - Post by User

Bullboard Posts
Comment by StockBadBoyon Jul 07, 2010 12:44pm
379 Views
Post# 17250686

RE: guess the update was a non-event?

RE: guess the update was a non-event?No tradind - I didn't expect anything else. The IR part of this information exercise was designed to convince people not to sell, otherwise, without updates over a long period of time the stock price will just drift lower and the paper will have a tougher time cleaing it up. I suspect we will drift lower anyways (a penny of two), some easy paper got off yesterday, and now I expect anyone who bought yesterday in that little flurry of selling hoping for a flip, that some of them will be sellers here in disappointment. All I can say is it is a long time before results, later this fall/winter at the earliest. The only good part is that there really isn't much else playing, so people may leaving the selling alone and not put too much downward pressure on the price over the next two months. Let's hope they hit something with the drill, all the paper has been protected, everything is fresh from this point, with everyone waiting and hoping for good news to move the price up to start the paper shuffle again.
Bullboard Posts