SFF, Seafield Resouces update

sff feb 13 2013

Using a small triangle, the chart projects to a target of   below 8 cents, perhaps 6 cents as suggested previously.  Cash, which was at $3 mln. at the beginning of the year should now be closer to $2 mln. assuming a normal burn rate. Over the next month or two things will become rather desperate as new cash is plentiful everywhere but not in this industry. Certainly not if previous warrant financing vehicles in the past have proven to be less than lucrative. Maybe there will be a new discovery?