RE:Looks like new lows instead of new highs...[quote=Murtz]News massively delayed. Going down to new lows instead of new highs. All the positive talking doesn't seem to gain any attention. People just don't care and don't buy it.
Yesterday down to 0.04 again on relatively high volume compared to other down days before.
If this was such a great opportunity and the news of Tesorito have such a high possibility of being great why isn't it climbing already?[/quote]
Because of what happened with Batero last year and seeing how Batero is right next door to Seafield there are a few that are waiting for the results. The difference is the grades are higher at Tesorito and until the next drill result is released we wont know how substantial the find is.
The other reason is that with golds recent decline many investors are now focusing on high grade vein operations over lower grade open pit operations. What makes Seafield stand out however is the number of anomalies they have located recently with 80% of their land concession still unexplored. Also money is tight atm with most exploration companies until we see a price move in gold and more investors become involved in Columbia, most will continue to struggle.
At the moment Batero is eyeballing Seifield for a take over and everyone is waiting for the most recent drill results at Tesorito to be released. Though anticipation for great g/t ratio's are a given until they are reported many are standing on the sidelines.