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Bullboard - Stock Discussion Forum Santa FE Metals Corp New SFMCF

"Santa Fe Metals Corp is a Canada based mineral exploration company. It is engaged in the acquisition and exploration of mineral properties in Canada and Mexico. The company’s projects include Cuatro Ciénegas located in Mexico; Sully Property located in Canada and Iron Range at Canada."

GREY:SFMCF - Post Discussion

Santa FE Metals Corp New > Drilling update
View:
Post by MxPx on May 05, 2014 5:04pm

Drilling update

They haven't seen anything causing the anomaly yet which is good news because something is there it just needs to be uncovered, they continue to drill. They are still drilling in the target. Also Scott says now with the indicators he has observed in this drilling program, he is more confident in this play than he was before drilling.
Comment by BoldGoldFortune on May 05, 2014 5:24pm
So maybe it's deeper (and bigger) then what they thought?
Comment by MxPx on May 05, 2014 5:42pm
It could be massive, it doesn't matter if we find the anomaly in the next metre or next 150 metres, we know it will be big. Remember, no NR today means the game is still on. People got nervous today, sold and it could come back to haunt them as drilling continues.
Comment by HeyIrish on May 05, 2014 5:54pm
What is the target depth?
Comment by MxPx on May 05, 2014 6:04pm
There is no target strict target depth. Drilling will continue as long as they think they are close to the pay.
Comment by Buckshot69 on May 05, 2014 6:09pm
I've been holding and accumulating since the last drill program in October. Scott and his team are very accomplished, remember Scott won a couple of awards for his Roca discovery a few years back. If there is indeed something there these boys will find it! 
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