It's interesting that SFR's SP continues to climb. Today's rise was very impressive.
Why?
1. Confirmation of nice copper - plus lead and zinc - at Morcks Well East as per today's announcement (I must say that SFR is showing the market that it thinks this is serious/material/price-sensitive stuff by reporting regularly on it) ? and/or
2. The good copper price rise? and/or
3. The prospect of buying out Talisman's 30% at Springfield? and/or
4. Karls Simich's ultra confidence?
My guess, is 1 and 3 combined.
Just a wild thought temple! Has SFR decided to bite the TLM bullet because it wants to concentrate its resources on Morcks Well East and not be constrained by jv obligations with TLM?
AUR Price at posting:
8.0¢ Sentiment: Buy Disclosure: Held
