SFR 4.22% $9.63 sandfire resources limited

a sleeper

  1. 2,020 Posts.
    I've been involved with these guys for awhile now and I've never been more optimistic on their prospects than I am now for 2008.

    The Borroloola drilling at Yalco has me hanging on the edge of my seat, visible mineralisation and 500 metres of core to be assayed. I was stunned that the first 30 metres assayed came up with zip, but if you can see it it has to be there right? and only 35ks away from the McCarthur river mine and the same geology was found. Anyway, looking forward to late jan or feb for all the assays to be reported.

    Doolgunna has a tonne of gold in it, they are just working out how the mineralisation works, so a fair bit more drilling needed there but it'll be worked out next year.

    I'd heard about this Iron Ore they announced last week at Doolgunna before but sounds like they are now going to drill it, assay it and flog it. Pefect way to get some cash in the door for the "real projects"

    Sandfire Lead/zinc, just 30ks from KZL's find where KZL are drilling like crazy and finding high mineralisations at depth. A couple of holes down here have to have a pretty good chance of finding the same.

    Anyway, anyone else following this baby? I am glad shareholders voted down that shyte Chinese JV arrangenment and I am looking forward to a very busy 2008 on 100% sandfire tenaments.
 
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