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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 > Anonymous now dumping big at $.05 ........................
View:
Post by stateside on May 21, 2014 3:27pm

Anonymous now dumping big at $.05 ........................

Looks like some news on the way sooner rather than later based on the trading.

stateside
Comment by MxPx on May 21, 2014 4:37pm
Stateside, I am shocked you posted this message. You are a stock investing hero of mine and you know we aren't even going to be in the target until at least Friday. Did you think this shakeout was based on anything other than nervous traders? There is no humanly way we could have drilled 200 plus metres to fully test the target since yesterday lol.
Comment by HeyIrish on May 21, 2014 5:55pm
it is very possible that we drilled 200 m or more since the last new release. Remember the news is at least a day behind the event and we were around 63m per day. If the volume was the same and the share price was going up I'd suspect a positive leak, why is it not logical to assume the opposite based on today's trading.
Comment by MxPx on May 21, 2014 6:20pm
No, its not possible that we drilled over 200 metres since yesterday mornings press release. We are drilling an average of 63 metres per day, so ill be generous and even give you 70 metres a day. That still only equals 140 since yesterday morning and the sell off happened at 12 noon BC time. Think about that. I posted YESTERDAY evening I spoke with Scott and we would be in the target zone Friday ...more  
Comment by stateside on May 22, 2014 10:28am
When you have been around this sector as long as I have, you are conditioned to look at the trading during a drill play.  Definately some odd trading for sure.  A few investors wanted out quick for whatever reason.  This is my 3rd go around on this project so I'm all-in as the 3rd time will hopefully be the charm. stateside
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