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Bullboard - Stock Discussion Forum Seafield Resources Ltd V.SFF

TSXV:SFF - Post Discussion

Seafield Resources Ltd > Lopez still holds 2mil+ shares
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Post by shintzola on Mar 28, 2012 10:06am

Lopez still holds 2mil+ shares

I posted a link to a CNBC "Top Institutional Holders" report yesterday. erich01 later pointed out that there appeared to be a huge drop in the number of shares held by Cesar Lopez, according to that report.

In an attempt to clarify, I emailed SFF's Investor Relations. Here is the response I received back from David MacMillan:

"I took a look at the link and it is not correct.  There are a number of inaccuracies, especially pertaining to the holdings of management.  The trusted source for insider transactions is SEDI.  Management is required to file with them when they buy or sell in the market.

Cesar still holds 2,210,000 shares.

If you ever have any further questions about Management holdings, please do not hesitate to contact me.

Best Regards,

David MacMillan, MSc |Investor Relations

Seafield Resources | TSX-V: SFF"

Comment by mktwatcher1 on Mar 28, 2012 11:14am
Shintzola...Thanks for your work on this issue. It's appreciated.
Comment by erich01 on Mar 28, 2012 2:18pm
Too many inaccuracies, no wonder the share price is going nowhere
Comment by shintzola on Mar 28, 2012 2:28pm
Re erich01, "Too many inaccuracies, no wonder the share price is going nowhere" Perhaps this has an effect. But just so there are no misunderstandings, the inaccuracies are on the part of CNBC's report, not on the part of Seafield.  
Comment by erich01 on Mar 28, 2012 7:03pm
That is true, but I am sure many investors look at the big picture. Shouldn't SFF be concerned how they are presented to the public? Did they contact CNBC right away to rectify the error? they didn't know? no google on their laptops? Again my point: shouldn't SFF's IR person be looking for those kind of erros to make sure the company is properly presented to the public and not wait ...more  
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