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Bullboard - Stock Discussion Forum Seafield Resources Ltd V.SFF

TSXV:SFF - Post Discussion

Seafield Resources Ltd > Investor relations seems to be gone
View:
Post by Murtz on Oct 30, 2014 7:00am

Investor relations seems to be gone

October 7th:

Dear Ms Ashton,
 
I would like to know what the receivership now means for shareholders.
 
Sincerely yours,


.....

No response.

October 15th:

Dear Ms Ashton,
 
I wrote to you last Tuesday but unfortunately I have not received a response yet.
 
I would like to know what the receivership now means for shareholders.
 
Sincerely yours,

....

No response.


October 24th:

Dear Ms Ashton,
 
I would like to know what the receivership now means for shareholders. This is the third e-mail I write to you regarding this matter.
 
The first one I wrote on October 7th, the second one on October 15th. I would highly appreciate if this is the last e-mail I have to write to you regarding this matter.
 
Sincerely yours


....

October 30th, today, still no response.

Maybe the receivership prevents them from saying anything. But they could at least say so.

This thing is over. Let's see if the law can make their lives a little bit more miserable.
Comment by RedSox on Oct 30, 2014 9:31am
Murtz, I am sure you already know this but what the "receivership" means to shareholders is that the shareholders in all probability are out their entire investment.  Seafield Resources defaulted on their loan payments to RMB Holdings Australia and were not able to restructure the loan.  There are $15 million dollars that Seafield Resources owes RMB and so RMB got a court order ...more  
Comment by Murtz on Oct 30, 2014 6:47pm
Hi RedSox, thanks for your detailed response. Let's see what happens next.  Maybe we have some luck after all :)
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