major milestone coming, page-238

Bretto,

slight correction to my last, as of Dec 2013, SFR's Debt to Banks was only $230 mil, geezz

Interesting comment from their CEO

"“An exciting new phase of regional exploration is also underway under the recently concluded Joint Venture agreements secured with Talisman Mining and Ventnor Resources – both of which provide Sandfire with access to strategic exploration ground in close proximity to DeGrussa."

Its funny, I read this statement and to me it reads, "we have run out of exploration targets on our own EPM and have had to joint venture into other's territory, hoping to find something" Would you not spend the time and money exploring your own area, if you had something to explore for???

CDU has so many targets still to drill out, it could take another 5-10 years to identify all the deposits & get them into production. Wigar still awaits further attention and possible production of a variety of elements or having a separate entity to develop it poly metalic deposits.

Cheers

cj