Sanfred Resources: HIGHLIGHTS: Owns 100% interest in two diamond properties: 70,000 acres near Beniah Lake, NWT. The property is adjacent to Winspear's Camsell Lake which had a recent diamond discovery. SND's aeromagnetic survey of the area has revealed the existance of seven sub-circular magnetic anomalies which is consistent with a kimberlite source.
The company can aquire 100% interest in 35,000 acres outside Hinton, Alberta. This property borders Kennecott Canada, Inc. which discovered 24 gem quality diamonds. Kennocott has identified 40 targets in which to develope its extensive drill program. 11 targets are in at or near the Sanfred's claim.
OUTLOOK: The Companies properties are strategically poised in relation to recent HITS, it has a small outstanding share amount out of 5.9 million, has A market cap at or around $5,000,000 and has the financial and management expertise. Additonally, The price per share in relation to Winspear, Mount Province, Ashton, Kalahari, Montello and New Claymore can only sweeten the opportunity for SND's stock.
The Company has a web site: itribe.net |