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Originally Posted by Huang Chung
Wow...check out these drilling results...never seen anything like it.
http://www.sandfire.com.au/download....673152BB88C2A2
Courtesy of Mr Rudd, everyone seems to have shunned resource stocks, for the moment at least. Sandfire finished up a very modest 10c....two weeks ago and I reckon it would have put on a dollar.
Bought some....couldn't resist!
Thats a super copper highway they have found, WOW
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And so shallow to. Starter open cut operation with a portal to the deeper stuff, for sure.
Pyrites and oxide ore may cause some difficulties, so it won't be all plain sailing.
Still, how often can you say you've seen results like these.
Also, a recent presentation worth watching.
http://www.sandfire.com.au/#
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Originally Posted by whatsup
More good drill results out today, I hope that everyone is onboard now!
Go you good thing , all assays just get BETTER , but nobody really notices, SFR is set for the BIG TIME, cash in the bank , copper in the ground and a good tight management organisation.
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Originally Posted by whatsup
Go you good thing , all assays just get BETTER , but nobody really notices, SFR is set for the BIG TIME, cash in the bank , copper in the ground and a good tight management organisation.
Conductor # 5 now discovered ,good grades at depth ,this tenament is getting better with each discovery and theres more to come.
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The recent news of OZL taking a 19% interest must also be positive. OZL have been very careful about spending their substantial cash reserves until now and now that they've spent some I'd expect them to put their weight behind SFR. Or maybe try to buy them out?
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OZL's investment in SFR seems to be a positive for the latter so far, with the SP closing last week at $4.05.
There was an article in the AFR a few days ago in which the Chairman/MD of SFR was reported as saying that OZL had got the "bargain of the century" with its investment at $3.85. But then he would say that, wouldn't he?
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$4.70+ go you great share , up fron .20 in 18 MONTHS , NOW THAT A 23 Xer !!!!
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Originally Posted by whatsup
$4.70+ go you great share , up fron .20 in 18 MONTHS , NOW THAT A 23 Xer !!!!
You got this W? I was thinking of getting a few during the May correction for about $3. I think around when HC picks up some. You still holding HC?
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Capital raising ($5.02), Strategic Alliance and Sales Agreement. Why didn't I see this coming? I dithered too long, again, in taking the plunge.
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SFR is in a trading halt, pending release of a resource upgrade.
The effect is being felt by OZL whose SP is up nicely.
Disc: Don't hold SFR unfortunately, but have a few OZL.
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