2:00 pm Pacific time
BMR conducted a very interesting interview with Seafield Resources (SFF, TSX-V) President and CEO Tony Roodenburg earlier today. The interview was 24 minutes long (click on the link at the bottom) and covered a wide range of issues mainly pertaining to the company’s exploration efforts in the Quinchia District of Colombia. We’ll be commenting on the interview in a separate written piece on Seafield that we’ll be posting tomorrow. The stock closed today at 17.5 cents on light volume.
Seafield has a very real chance to build up a resource of 2 million ounces by year-end and 4-5 million ounces further down the road as a combined total from its three major properties – Miraflores, Dos Quebradas and Chuscal. With a current market cap of only $17 million, it doesn’t take a rocket scientist to figure out that the upside potential in SFF from here far exceeds the downside risk. We like this play a lot given the geological dynamics of Quinchia and the people involved who are developing this large project.
To listen to the interview, simply click on the link below:
BMR Interview with Tony Roodenburg
As a reminder, BMR (or any of its writers/contributors) accepts no compensation of any sort for the independent coverage we provide of junior resource companies on this site – Seafield did not solicit this interview nor was there any compensation for it.
SFF will likely pass the resistance mark 22 cents very soon or even within a week’s time. Don’t miss this opportunity and 17.5 cents is really a deal. This is only a personal opinion.
Comment by Theodore — July 15, 2010 @ 7:43 pm