TSX:SRU.UN - Post by User
Post by
JerryFrancison Apr 27, 2009 7:53pm
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Post# 15948304
This is a very positive situation and key to
This is a very positive situation and key toStarfield's future both developmentally and financially.
Regarding "the metallurgical process" and the fact that Starfield's Chairman Norman Betts, who is seated on the board of I believe six POWER companies and is himself an ENVIRONMENTALIST; I cannot see that the company will not play this 'ace-in-the-hole. Hopefully by now they have convinced the billionaire investor Seymour Schulich or someone else in high places of its eunique worth because it is going to take mega bucks for Starfield or hopefully a 'buyout company' to get this process to the production stage. Further dilution is, in my opinion, NOT a viable option.
In this day and age where everyone in the business and financial world is ailing, along comes a company that has the ablity to produce a final product economically. In this day and age where more and more people are becoming concerned about the ecological effects of what man has done to screw up natures balance, along comes a company that has the ability to address that negative situation in a positive way. It sure sounds like a ball-in-glove situation. Ferguson Lake is a pristine 'neighborhood' and all eyes are upon the mining companies up there. I can tell you this for sure, the Nunavut Government is well pleased with Starfield and I have to wonder if that young government hasn't in the pass, financially benefited from monies given from both the public and private sectors. There has to be tapped and untapped resources. Regarding Nunavut, I also wonder if in the past, companies in the mining sector haven't directly or indirectly received support from those other avenues for their on-going efforts.
Best wishes,
Jerry Francis