Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 > Hopefully Drilling is around the corner ?
View:
Post by Westerninvester on Apr 13, 2015 3:37pm

Hopefully Drilling is around the corner ?

Looks great all these huge bids something May be cooking
Comment by stateside on Apr 13, 2015 3:42pm
They need to do a financing to drill - some options (1) roll back shares 10 for 1 and do a financing at $.10 (2) Do a marketing push to get the shares to $.05 and do a financing (3) Worst option is doing a $.01 or $.02 financing (I believe the exchange is still waiving the $.05 requirement). I've lost money on every drill program (4 or 5 times) so I'll be back for the next go ...more  
Comment by HeyIrish on Apr 13, 2015 4:46pm
Your option #2 is what I'd like to see. A ten to one roll back seems harsh; if you're a current shareholder. Five to one would be more palatable; if it turns out that one needs to be done. Other options are jv's and shares for drilling. Market is still pretty bad so the cost of a drill hole could be way down from previous years. Who knows? But, my guess is that the answer is just ...more  
Comment by Westerninvester on Apr 14, 2015 2:48pm
Come on guys u Can see a strong base formed?? are u still trying to average down Irish ??? Talked to man up stairs says they Can swing the money for drillin breakout coming shares are in much stronger hands !
Comment by HeyIrish on Apr 14, 2015 6:47pm
Yes I still have bids in at a penny, however, I'm not trying to sway the share price by posting on this board; that would be childish. These boards are at there best when we learn from each other by looking at both sides of the trade.  I agree with you that a base seems to have formed with anywhere between 725,000 to a million shares @ two cents on the bid and only 30,000 shares up for ...more  
Comment by stockgod3 on Apr 15, 2015 2:28pm
I am not going to hold my breath to see .01 filled I  scooped up alot @ .015   and two and have big bids in.  your one cent  bids are going to have to waite  behind me  and i dont see them getting filled
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities