Across the sector we can see that a great many juniors have seen a slow erosion of their share price. This is true even after they issue a solid news release. Between the political games, the oil games, the metals prices taking a hit, the shorters putting pressure on the stocks, the games that others are playing, as well as the summer doldrums, we all have seen the overall effect it has had in the market place
But what about Starfield? We too have felt the pressure. What does the company need to do to "offset" this trend? I personally would like to see 500 companies get together [I know it is illegal] and in one classic moment issue super great assays and other related news that would blow the oppositions [whoever they are] position to pieces. However I recognize that with retirement comes vain speculations and that, that kind of thinking shows that a person might have lost their grip on reality. LOL.
So back to the question. What about Starfield.? What should the company do differently? How do they 'weather the storm'? As investors we want things to happen quickly. Well over the years, there have been a few trading opportunities. Perhaps some of you folks took part in that. I basically did not. Yes, we are going to get updates from time to time. A while back we got nice one but it had no positive effect on the SP. The company did put out on their website an animated projection of things to come. IMO, it was excellent. Zippo results we continued to slide backwards. Andre recently tried to give us a verbal up date but apparantly to no avail. They continue to explore and advance the project in other areas. The SP continues to retract.
This is what all shareholders MUST DO in order not to be frightened by lower share prices or what is in the news regarding world events or even a bashers comments on a bulletin board service. You MUST constantly review what has been discovered. If you believe in the fundamentals regarding Starfield's project; if you believe that the leadership is trucking along in the right direction, if you believe that people are going to need the products and that the hydro work is on target regarding the returns, the environmental and the extras, then you hold steady and hunker down. Storms pass. Most everything in life has a cyclical aspect to it. Starfield is a BUY or a HOLD and in less a personal situation developes, it is not a SELL. You folks are not the only ones that have a vested interest in the company so does Andre, the board, the funds, the large shareholders and of course S.S.
All the best,
Jerry Francis
