RE: RE: RE: Something is going to happen here soon The infill drilling that has been occurring seems to have added to the grade and maybe the volume. The intercepts have been of higher grade than the NI report from what I have read. So, it should move more of the resource into the measured category, and will hopefully increase the overall grade too. If it adds volume as well, then the SP should really be higher.
Not many juniors have made it through these uncertain times. SFF had money in the bank and continued drilling. Their results have been very good too. The market has not agreed. SFF management changed more than a year ago, but the damage had been done. New management has really turned things around imo, and has really created shareholder value too. There is two NI resource estimates now (one for each deposit). There are drills turning and results pending constantly. There is money in the bank.
Not many juniors can say that!
So, (again imo), the SP does not currently reflect what is here. It does not reflect the potential. It does not reflect the NI reports. It does not reflect the cash in the bank and ongoing exploration. SFF is one of my juniors that I am not concerned about long term. The market is not properly valuing SFF atm (again imo). Results are likely coming soon, and an updated NI report will hopefully improve the amount, grade, and move more into the measured category.
Again, Previous management really screwed some things up. But, current management has done a great job imo. Eventually, I hope the market values this company and the two deposits accordingly.
I am not trying to pump this, but I am sharing my biased opinion.
Do your DD. Tell me why this is trading at these levels (with facts).