Why SFR pays so little? I know offer too low. What can we do? The assets valued by research firms valued at 6c. Unfortunately, it is shareholders determine the share price and the market cap of a company.
Why so many idiots sold me multi millions shares at 0.8c in the past? I don't know. I don't care what sellers think or their reasons, just keep buying. 99.9% of population are not very intelligent. SFR is able to come in at 1.2c and get good size of world class zinc asset cheap is because shareholders let them in cheap. If we were trading at 6c (according to valuation) than SFR will need pay higher than 6c for their shares and $20m money for drill program will only get 20% vs 51% currently.
I've done my best to support the company. It is up to other shareholders to stop selling their shares and see big picture. Don't be a narrow minded idiot. We have more upside reward than downside risk.
There was a poster on this site telling people to sell at 0.8c. Obviously, this person is not very smart. SFR sees us much greater than 1.2c.
WRM Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
