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Seafield Resources Ltd V.SFF



TSXV:SFF - Post by User

Comment by Zoolooon Jun 01, 2013 4:42pm
198 Views
Post# 21471553

RE: I bet Batero takes a run at these guys.

RE: I bet Batero takes a run at these guys.

Batero looks cash rich (17 million!) and after a cursory look seems to be able to negotiate a better deal than SFF. A takeover would be logical and depending upon price probably a good deal and likely a best case scenario. My impression of SFF management is a bit too much chowing down at the trough and deals calculated to keep the trough full. A rights plan would be in that vein. I have high hopes for Tesorito but all those .10 options and warrants look a bit ominous.  Tesorito is going to have to be real good to chew through those. JMHO.

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