SFR sandfire res

[donnie]

It looks like SFR should break through $1 over the next few month its had a great run over the last 6 month.

[trackers]

Can't believe noone ever picked this one up, in two years this has gone from a couple of cents to $7. Any holders out there?

[macduffy]

Can't believe noone ever picked this one up, in two years this has gone from a couple of cents to $7. Any holders out there?

Only indirectly, in a very minor way, via OZL's 19.9% shareholding. And OZL has over 3 billion shares on issue!

[steve fleming]

Can't believe noone ever picked this one up, in two years this has gone from a couple of cents to $7. Any holders out there?

Trackers - Whatsup has been on it for a while:

http://www.sharetrader.co.nz/showthr...g&daysprune=30

But yeah, great story.

A genuine grass-root junior explorer that came good through a massive discovery.

[trackers]

Trackers - Whatsup has been on it for a while:

http://www.sharetrader.co.nz/showthr...g&daysprune=30

But yeah, great story.

A genuine grass-root junior explorer that came good through a massive discovery.

Thanks Steve, completely missed it Now just to find the next small cap minerals explorer that will go the whole way - I still like AVB but its obviously less attractive at triple the market cap

[whatsup]

Thanks Steve, completely missed it Now just to find the next small cap minerals explorer that will go the whole way - I still like AVB but its obviously less attractive at triple the market cap

In my H O AVB doesnt and wont have the goods!

[STRAT]

Gudday Whatsup.
Want to elaborate on that?

[whatsup]

Gudday Whatsup.
Want to elaborate on that?

1/-Have a look at the numbers coming out from the exploration,
2/- there are a huge number of shares on issue,
3/-little $ers in the kitty,
4/- a play thing for day traders which cannot help,
5/- a small foot print of a ore body with a very small high grade deposit. could be open to the west and east-time will tell.
6/- a very small copper deposit so far, I think only 25,000 tons
Better to look at RXM - Aussie based with better numbers.

[trackers]

Hi whatsup, I'd tend to agree with your comments, particularly #5... But if they are able to extend the resource to the west and east, plus prove up a bigger resource at serra verde up the road then it could be a game changer... But thats not as it stands today...

Its not to say AVB won't be successful, just that in its current state it won't be the next major

[STRAT]

Thanks Whatsup.
I appreciate your answer.

1/ Early days for sure. I have to agree
2/ Not worried. Market cap is all that matters to me.
3/ Yup but not too worried
4/ Hell yeah and isnt it a beautiful thing to watch lol. I hope they keep it pumping today too
5/ It is tiny but very cost effective to dig up.
6/will do and thanks.

Calling it the next SFR is pie in the sky at this point but its been a nice little number thus far and has certainly put a smile on my face.

I was expecting a significant retrace. I suspect there are quite a few punting on the next announcement. If it doesnt deliver we can expect a decent and fast fall I reckon. Hope Im ready with my finger on the trigger for that.