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Sandfire Resources America Inc V.SFR

Alternate Symbol(s):  SRAFF

Metals & Mining Industrial Metals & Minerals
Sandfire Resources America Inc. is a Canada-based mining exploration and development company. The Company is engaged in the acquisition, exploration, and development of resource properties. The resource properties are located in the State of Montana in the United States. The Black Butte Copper Project is located north of White Sulphur Springs, the project’s property includes the Johnny Lee Deposit, which contains a copper. The Black Butte Copper Project is an underground mine. The Company is an 86.9% subsidiary of Sandfire Resources Ltd.


TSXV:SFR - Post by User

Sandfire Resources America Inc > Rights trading
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Comment by wrightonon Dec 02, 2020 1:43pm
118 Views
Post# 32019026

RE:Rights trading

RE:Rights trading
With SFR currently trading at .24, the value of one right is .0022.  Or, to look at it another way,
the buyer of rights at .005 would pay .355 to purchase one share using the rights.  Given that the
rights expire on Dec 22, there is little hope that share price would appreciate beyond .355 by that time.
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