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Seafield Resources Ltd V.SFF



TSXV:SFF - Post by User

Bullboard Posts
Post by StockBadBoyon Oct 01, 2010 12:54pm
303 Views
Post# 17518224

What am I fighting the trend.

What am I fighting the trend.I don't know why I am fighting the trend. This is still early days for SFF, the stock has churned now close to 100M shares and can't get past 0.25 over and over again. Virtually all of the paper is out and very well protected. Even a key insider sold at 0.25. They are drilling and there is a possibility that they may not hit gold, in fact, there is a low probability to begin with. The flippers come and go in here like crazy. People hate management and continuously change their name to discredit the company. The company has signalled that their IR contract is very long term with no breakup clauses (so they can point to the contract and its not the companies fault because they tried). The share structure is now not very good (in excess of 100M fully diluted), as you one can see by the huge churn of stock but the price never really appreciating very much. Everyone keeps telling everyone to sell and how bad management is.

Someone please tell me why I shouldn't sell and just move on to a better structured play?
Bullboard Posts