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Seafield Resources Ltd V.SFF



TSXV:SFF - Post by User

Comment by IqaluitZenon May 09, 2011 6:15pm
408 Views
Post# 18550933

RE: PP Above Current Price?

RE: PP Above Current Price?If anyone could answer that, they will be the same and only people that can answer the question of why they needed it and what they intend to use it for, because at this point....We're all scratching our heads.


We know they have MORE then $10 million in their treasury....Why a PP at such a low point?  And, what happens when these very cheap shares become free trading?  10 million free trading shares....Not good imo.


And, when someone said SFF was up significantly.....Well, if $.015 is a lot, then I am a duck.  It closed VASTLY up today at $.25 LOL!!!


If this is just the start of a ride up, then great....But I fear this PP pigeonholes us at these levels for months to come. Unless they hit something huge of course.


I am turning the channel for awhile, so don't expect anymore posts from me on this board for a bit (I know you all look forward to that lol).  I had been considering "averaging down" from my entry price of $.50, but I am not putting anymore money on the table.  I feel like I am only helping to line the pockets of the PP people and the new BoD's.


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