SFR 1.94% $8.42 sandfire resources limited

no new discoveries

  1. 19 Posts.
    I see in the latest qtly that 44,000 meters were drilled and no dought a lot more drilled in previous qtrs and no additiional copper discoveries ?

    I can not see any drill results at all over the past 12 months in relation to any copper ?

    If people are waiting for a take over and no new discoveries are found, then the stock is well over priced for a 7 year mine life.

    Don't get me wrong, the company has done a great job to get into production on time and on budget in such a short period of time, but with out any more discoveries, way over priced.

    Sell SFR and buy RXM.
 
watchlist Created with Sketch. Add SFR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.