Santa FE Metals Corp New SFMCF

Raising Money

[goldenone1]

SFM has access to a promising site.  There are non brokered placements happening every day.  If  I were ceo and management I  wouldn't want to be remembered as the guys who couldn't find funding for a great project in the middle of a money to burn time. I assume they are hard at work.

[tabbiebarrie]

The problem is Gravitas holds the option and optioned it to SFM. If SFM fails, Gravitas can renegotiate with the vendors and re-option to someone else The CEO of SFM is a shareholder in Gravitas holding precious little shares of SFM as I see in SEDAR reports so he can just let SFM die and stuill be in the game. I do not think SFM can recover. Just my opinion

[goldenone1]

You may be correct. it is a small industry this canadian mining industry. he will be remembered - if he finds some funding, or if he dumps sfm shareholders.

[tabbiebarrie]

It is a great property with a potentially large sedex deposit. I still hold a few shares. Should my other SEDEX potential  stock, PJX/V hit something big or Teck hits something on the property PJX optioned to them it could propel the share price of companies in the Cranbrook/Kimberly area like SFM sufficiently enough to attract enough investors to do a private placement but it is a longshot

[goldenone1]

it is a slim chance but  who knows. I wonder what time they have left to raise money before they are delisted?