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Seafield Resources Ltd V.SFF



TSXV:SFF - Post by User

Bullboard Posts
Post by verypooron Dec 10, 2010 3:13pm
483 Views
Post# 17830976

This reminds me of Kodiak Exploration's

This reminds me of Kodiak Exploration's
PP of a couple of years ago. They had one set of great assays and  sp spiked up to around $3.50. They did a PP at around $4.00 and raised alot of cash. The share price then spiked to around $5.00. However, that was the end of the good assays and share price has continually dropped until it is currently sitting around
.30 today. Smart to get the money while you can, but if assays are poor it will only benefit the officers of the company in the long run. My advice would be to take some profits now and see how it plays out next week or two. Why would anyone pay
.68 a share when they just issued 15,000,000 at
.50???? JMHO
Bullboard Posts