Santa FE Metals Corp New SFMCF

Whats going on here?

[BoldGoldFortune]

Thought they would be done raising money and driling by now

[tabbiebarrie]

It will be tough sledding uphill to raise funds. Last time I checked the private placement is at 5 cents and a 4 month hold but why participate when they can be had for less than 2 cents and free trading outside of a placement. Managewment indicated more drilling in 2014 but it appears les and less likely.

[Buckshot69]

me too boldgold. The September and onward market crushing couldnt have helped much. Having met Scott and been a shareholder for well over a year now I still have faith. imo, the Sully is high reward, high risk, and will play out huge for the shareholders if they hit what they think is there. 

[tabbiebarrie]

Yes, The Sully anomaly is still sitting there. The Iron Ridge is a nice plumb to have if we hit the anomaly and find it financially economic. Raising funds to drill the Iron Ridge will be a piece of cake. I think Scott should try to ride out the current market at least for a while. I first got interested in SFM because I am heavily invested in PJX Resources looking for  the next Sullivan as

[Grassyknoll]

Totally agree - and thanks for the reminder that including PJX makes it a 4  pronged Sullivan2 search. What grabbed me about the Iron Range was the recent compilatiion study announced by SFM/EPL: https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aSFM-2236811&symbol=SFM&region=C And particularly the Talon Zone: “Drilling at Iron Range in 2010 resulted in the discovery of the Talon