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Sandfire Resources America Inc V.SFR

Alternate Symbol(s):  SRAFF

Metals & Mining Industrial Metals & Minerals
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

Sandfire Resources America Inc > Rights trading
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Comment by wrightonon Dec 02, 2020 1:43pm
90 Views
Post# 32019026

RE:Rights trading

RE:Rights trading
With SFR currently trading at .24, the value of one right is .0022.  Or, to look at it another way,
the buyer of rights at .005 would pay .355 to purchase one share using the rights.  Given that the
rights expire on Dec 22, there is little hope that share price would appreciate beyond .355 by that time.
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