GREY:SFMCF - Post by User
Post by
BoldGoldFortuneon May 12, 2014 7:54am
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Post# 22549732
Person's call with Santa Fe President
Person's call with Santa Fe President
https://www.pinnacledigest.com/node/1281579
After drilling their first hole, Santa Fe CEO.Scott Broughton was noticeably excited during my telephone converstation with him last week and by the waym when considering investing in this or any company I strongly recommend phoning mangaement for a one on one as part of your due diligence. Drilling resulted andconfirmed in verifying the location and depth of the target plus the identical similarities os rock of the historic period when the Sullivan geology was formed.. Scott, a well respected mining engineer,and recipent of several mining related awards,,was extremely excited knowing their anomaly sits in the same time geology and has the same rock structure that host the famous nearby Sullivan SEDEX mine. At a depth of about 1200 meters. This anomaly is actually bigger than that of the Sullivan and if SFM can confirm it is a massive sulphide SEDEX deposit with the same mineral conent or a even a smaller fraction this will be huge.Drills were repositioned as a vresult oif information gathered from the first hole to aim at the center of their new target and started turning last thursday advancing about 50 meters or more per day and will go 7 days a week to be in the zone by the first week in June.The object is to prove that the anomaly is a massive sulphide SEDEX deposit which can be determined by visually eyeballing the drill core. The mineral content and grade will need results from the lab. At .075 the risk reward in my opoinion is a downside of .05 if unsuccessful but on the near term upside $1.00-$5.00 bucks short term if proven to be sizable massive sulphide deposit.Positive news from the lab would have the majors all over this like a fat kid on apple pie and the all juniors in the camp would benefit. Anything close to a SULLIVAN and I must use the words POTENTIALY, SPECULATIVELY IF and MAYBE your investment at 7-8 cents could be multiplied by 10 and multiplied again by 10. As I have a fair chunk of my speculative portfolio invested in the Sullivan area in this and other companies, it may be worth paying the area a visit in the comming weeks. As always,due diligence is recommended as I am not a geologist,,analyst or expert and seek safe harbour