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Seafield Resources Ltd V.SFF



TSXV:SFF - Post by User

Comment by HoundDawgon Apr 27, 2011 11:42am
270 Views
Post# 18494573

RE: RE: LIFE SAVINGS

RE: RE: LIFE SAVINGSI think we will see some upward movement or outward movement with management.

Management is not bullet proof and IMO they are currently not doing a good enough job, however in this space results and only results should drive value.  Also things seem to move slow in Columbia no results from BAT since the same date as SFF and they have how many drills running?

I think the biggest thing is the opportunity cost of sinking 5, 10 or 50% of your porfolio (Appears some have done) into an underachiever is what is hurting many.  You lose 3-12 months and stall growth in what has been a rather strong market.  They all can't be great years but I do agree that it sours one's taste when things move slow after what many thought would be a slam dunk gold stock in a bull run with gold.

I have owned for a considerable time in different accounts and currently have no plan to dump however I evaluate speculative holdings quarterly and that could change if things remain the same.

GLTA
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