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Seafield Resources Ltd V.SFF



TSXV:SFF - Post by User

Comment by HoundDawgon Jun 06, 2012 4:11pm
209 Views
Post# 19986638

RE: RE: .15 good

RE: RE: .15 good

Although I am optimistic, with SFF unfortunately I can't see a big move near term unless we get one or a combination of:

  1. Huge new intercepts
  2. Significant increase in estimate NI 43-101
  3. Takeover talk or
  4. Financing to move to production, which is well not gonna happen soon.

There are too many people that are tired of waiting and with over a 160M shares outstanding any time we get some traction many sell and move on.  I have a position in GUY which is not a junior and has a huge resource and it is also getting pounded.  Market is skidish and nobody is looking for long-term.  Could be a long summer for us bag holders.

GLTA

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