TSX:SRU.UN - Post by User
Post by
JudgeSteveon Dec 14, 2001 11:42pm
815 Views
Post# 4526708
So what is the problem ?
So what is the problem ?A while back, I posted here asking if SRU was a mine and why the share
price was so low. Well, today I reviewed the many articles and
estimates in an Investor Package from Starfield and one question seems
to be answered. It does appear that SRU is, indeed, a mine and shold
become a much larger (ie more proven up) in the not too distant
future.
So, that leaves only my second question of why is the share price so
low ? The question is compounded by a paper titled "Scoping Study of
The Ferguson Lake Copper Nickel Cobalt PAlladium Platinum Massive Sulphide Project" dated August 2001. This paper puts a (then) current
value of $ 6.26 on SRU Stock.
The story sounds great and I'm baffled at the large discrepancy
between the article and reality ($ .45)
Any ideas why the share price is so depressed ??? of is the article
full of sulfide ?
Steve.