SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : SRU-ASE : STARFIELD RESOURCES
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: CIMA who wrote (685)11/1/1999 10:51:00 PM
From: Jim Bishop  Read Replies (1) of 1239
 
Comments on this RB post?
-------------------------------
By: LEAFFAN
Reply To: None
Monday, 1 Nov 1999 at 10:08 PM EST
Post # of 1266

FLOW THROUGH OPPORTUNITY

For those who care I contacted the company today to tell them I and several other retail investors
would be interested in purchasing flow through shares before the end of the year. Their response
was that they would be issuing flow through shares and that the information would be out in the
near future. For those who do not know flow through share monies recieved must be used on
exploration only are almost 100% tax right off in the year they are issued and usually have to held
for at least 12 months before they are freetrading. Look for sru to issue a ton of flow throughs to
take them through all their exploration plans this winter. Normally flow throughs are sold at a
premium to the current share price(because of the tax relief) so look for them to go out around
.70 or .75 is price stays in the .60 range. The geologists who reviewed all the assays for me feel
that their definitely colour in the ground but it would be at least another year worth of deep and
wide drilling before confirmation of enough to determine whether there will be a mine or not so a
flow through risk/reward scenario fits here.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News