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Seafield Resources Ltd V.SFF



TSXV:SFF - Post by User

Comment by llamabingoon Apr 25, 2011 12:38pm
230 Views
Post# 18483391

RE: RE: It's interesting to see how opinion change

RE: RE: It's interesting to see how opinion changeHashim you make a good point not about 20 cents but the fact they got 15+ mil in the bank. how come that hasnt been used to run drills etc.. why did they have to "take the money when someone offers it" if they were nt going to deploy it , at the same time if they went to raise money (ie no pp in dec ) Today  theyd only raise 5 million given sp so perhaps they were clever to take it when they could i would argue that not diluting the shares back then would have resulted in a much longer run and not nearly as sharp decline we'll never know as the  pp at 70 is history  , i rember some people then saying they felt smart buying at or below the smart money..money has no inteligence and neither does sff management. it s a long shot from exploration to mine and i bet risk adjusted based on the land package and the district and belt  too bad managment scuttled the wager. 
 Understanding there is muchos de dinero meurto in this penalty boxed equity and the .WT overhang  for share holders of common equity i hope for $3000 gold and new managment but dont we all.   (i have been out since 37 centswaiting for .15 or managment change to dip my huge toe back back in.


Adios bingo

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