Seafield Resources Ltd V.SFF

Opinion on market and SFF

[Cavcalade]

After two weeks of silence from my side I'd like to comment the current situation.

This panic is insane. Of course the market is oversold but I consider it really dangerous to buy into this panic right now.

Resistance breaks down like unsound wood. Where does it stop? Nobody knows. Politicians don't know what they're doing on both sides of the Atlantic.

If the Euro doesn't work don't hold onto it. If countries can't be held alive don't delay the inevitable.

What this means for SFF in my opinion:

Very risky right now. If politicians find a solution to calm the markets it would be a mature step forward.

But at the moment uncertainty prevails.

I don't trust resistance. I don't trust politicians' decisions. The market is way ahead.

Be careful with SFF at the moment. Don't want to cause panic here. Just the way I see it.

If resistance at .22 can withstand the selling I hold onto it. If not I'll sell.

[Cavcalade]

Support breaks down like unsound wood. Where does it stop? Nobody knows. Politicians don't know what they're doing on both sides of the Atlantic.If the Euro doesn't work don't hold onto it. If countries can't be held alive don't delay the inevitable.What this means for SFF in my opinion:Very risky right now. If politicians find a solution to calm the markets it would be a

[Tealby01]

I agree with you Cavcalade on this one. Junior mining shares tend not to perform well as investors sell-off riskier assets and sit in cash while the world markets head south in bear market territory.The old management will be looked upon as smart-ish chaps for raising so much cash at 50 cents. Crumbs....... I did not think I would ever utter that thought.....LOL.

[Cavcalade]

Let's wait and see how the market reacts. I have the finger on the trigger.Messed up my article before as I was writing a different article about resistance on a German stock board parallel to this one.Must have gotten confused :)Sorry.

[littleguy21]

Looks like you'll have to sell cavcalade.  Support is 20.5  .   Will you buy sff cheaper?  Maybe before the dust clear's.Look at small producing miners. They aren't moving up either on new gold price.  Because they haven't showed the earning to the bottom line as they haven't sold any at the new price yet.   Maybe in 3 months once they

[Cavcalade]

I already sold a part of my position after the debt deal and the rest ofit was sold this morning as stop loss was triggered in Germany.I will buy back into SFF later even if the stock will be trading higher.  If market turns now, well seems I was wrong.But in my opinion this is far from over. Today the market had a reliefday in trading.  But what will be tomorrow with all this

[mtgfree1]

sell all of you portfolio and when it goes up see how much you loose.Panic is a perfect for me to buy  BAC , MPG , RAS SFF , EPO, money given by panic are taken by me.I love it and hope it will continue for some time.   S&P has no credebility , but creates panic by writers

[Cavcalade]

I already sold all of my portfolio. WHEN it goes up it still has enough potential to be a winning pick.  I haven't lost a thing so far.But at the moment I don't see why I should take the risk. Also support buying of Mr. Lopez to stabilize the stock price can't change my view. France is fighting for its Triple-A rating at the moment. The DAX went down 5% yesterday and it now trades