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Bullboard - Stock Discussion Forum Seafield Resources Ltd V.SFF

TSXV:SFF - Post Discussion

Seafield Resources Ltd > Why is this so cheap?
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Post by Rock34 on Mar 15, 2012 11:21am

Why is this so cheap?

Why is this so cheap?? Their last two drill programs have unreal results. This should br $.50+ for sure. Anyone have any thoughts thats been here for a while? The company has proven millions of ounces and its sitting barely above the 52wk high.

Today - Seafield Intersects 121.8 m of 1.06 g/t Gold and 0.11% Copper, including 42.7 m of 1.27 g/t Gold and 0.14% Copper at the Dosquebradas Deposit in Colombia

Jan 25th - Seafield Intersects 167.75 Metres of 1.05 g/t Gold, Including 44.10 Metres of 2.94 g/t Gold at its Miraflores Deposit in the Quinchia District of Risaralda, Colombia

I want to grab some shares but when something is this undervalued I need to ask why....

Comment by hallgg on Mar 15, 2012 12:51pm
They have some trust issue's frpm the past CEO. You could see what happen on the chart's with past nr's.
Comment by IqaluitZen on Mar 15, 2012 7:32pm
The entire junior exploration market is undervalued generally. Past management failed to unlock shareholder value.  I believe new management is on the right track.   With Europe being such a drain on confidence, many fled the junior market.  I believe this is going to chance.  The junior market is very undervalued atm imo.   Do your DD and tell me why anyone shouldn't ...more  
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