Sandfire Resources America Inc C.SFR

Primary Symbol: V.SFR Alternate Symbol(s): SRAFF

Metals & Mining Industrial Metals & Minerals

Sandfire Resources America Inc. is a Canada-based mining exploration and development company. The Company is engaged in the acquisition, exploration, and development of resource properties. The resource properties are located in the State of Montana in the United States. The Black Butte Copper Project is located north of White Sulphur Springs, the project’s property includes the Johnny Lee Deposit, which contains a copper. The Black Butte Copper Project is an underground mine. The Company is an 86.9% subsidiary of Sandfire Resources Ltd.

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Sandfire Resources America Inc

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Comment by ilafalot2on Jan 08, 2008 12:37pm

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Post# 14168211

RE: Don''''t get too excited

To clarify, it's probable that there will be a deemed disposition when the new shares are issued. That may entail a gain or loss for the shareholder. Then it's business as usual. I do not see anything negative in all this. Quite the contrary, as the new entities will likely be seeking equity at 15c each

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