TSX:SRU.UN - Post by User
Comment by
LANNY9on Jun 24, 2009 6:56pm
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Post# 16096346
RE: RE: RE: Starfield Resources Inc. To Acquire Ne
RE: RE: RE: Starfield Resources Inc. To Acquire NeHi Blazer,
Upon reading through the NR a couple times and going through three different websites(Beartooth, Nevoro and Kria) I am getting more comfortable with this move. If they are able to use the metallurgical process on this ore it would be a no brainer. I also listened to Mr. Douchane and he hinted at the fact that "they're not done" meaning that they will be looking at more properties that they can use this process on. It has power as a by-product, sulphur and iron oxide(not sure if this will come out of the Stillwater play but I am assuming it should if it is in the rock. From what I have been able to figure out, sulfur is there as sulphides but I am not sure about iron, would imagine it is.
I did not buy anymore today nor did I sell any, I feel that there may be a master plan at work here and in due time we will all find out what it is. Do they plan on bringing SRU into the major size company or a medium size? If they are actively looking at other properties I would think they want to grow this company into a good size and either sell it out or put as many properties into production as possible.
Your buying looks good now but as you say the next couple of days may tell us what the market thinks of this deal. All I know is that this could be a very shrewd move by AD et al, but only time will tell.