How many times....Toasted can you keep posting the same thing.... Are you trying to be annoying...
One last time.. I will go back and dig up the news just for you...
Why increase # of shares? Here is why ------>
SEAFIELD RESOURCES LTD. ("SFF")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 14, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining toa Option Buy-Out Agreement (the "Agreement") dated November 10, 2010,between Seafield Resources Ltd. (the "Company") and an arm's-lengthparty (the "Vendor"), whereby the Company will acquire the remaining70% interest certain mining claims (the "Picachos Property") located inDurango State, Mexico. The Company currently holds a 30% in thisProperty, and thereby is increasing its interest to 100%.
As consideration for the remaining 70% interest, the Company will issue1,500,000 common shares to the Vendor.
For further details, please refer to the Company's press release datedDecember 8, 2010.
So... 1.They bought out the property # of shares = up
2.Now they need financing for this property also... hence # of shares= up
3.Also, Colombia... need to keep working on that... hence # of shares = up
Does this make sense to you now Toasted why so many shares are out???