Judging by the quarterly conference calls, the analysts don't seem too positive on SFR finding more copper for degrussa. SFR looks to be in the planning stages of building a CIL plant next to their concentration plant so they can process the oxide gold on their tenements. I think they have about 1.7million tonnes grading 1g/t gold in stockpiles. I came across an old presentation by SFR in 2008 which stated that they were targeting a gold resource of 3million tonnes grading 3g/t. They had some pretty good drill results at the old highway prospect I think. It could be possible that they could have a 3 year 100k/ounce/year gold operation at a minimum, once their copper reserves are exhausted.
I think their focus at the moment is trying to bag the whale, which is ADT.
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Judging by the quarterly conference calls, the analysts don't...
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Last
$10.20 |
Change
-0.090(0.87%) |
Mkt cap ! $4.707B |
Open | High | Low | Value | Volume |
$10.33 | $10.37 | $10.17 | $3.229M | 314.9K |
Buyers (Bids)
No. | Vol. | Price($) |
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Sellers (Offers)
Price($) | Vol. | No. |
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View Market Depth
No. | Vol. | Price($) |
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14 | 1880 | 10.210 |
15 | 2589 | 10.200 |
14 | 4988 | 10.190 |
11 | 7435 | 10.180 |
12 | 5111 | 10.170 |
Price($) | Vol. | No. |
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10.220 | 1246 | 10 |
10.230 | 2401 | 17 |
10.240 | 2308 | 16 |
10.250 | 3784 | 14 |
10.260 | 1792 | 10 |
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