Maintains stock is undervalued and expects significant news in next 6 months. I agree and expect the same.

My feeling is that they are holding information now until the share consolidation occurs (if approved). Information such as Ferg lk Scoping study, mini pilot plant operation results, feasibility study for Montana property and drill result from Stillwater and Ferguson will roll out after. Note that this company has so many o/s shares that it may be the prime reason the stock price has under performed therefore stock consolidation does make sense.

As for when to buy, I guess you want to be ahead of the news and then you hope that it is good.

regards

Is this an emotional reaction or an fundamental reaction? Didn't seem that the recent result changed anything, what was everyones expectation?

I'm on board with $1, lets hope so. They have an update on their diamond exloration on their site.

Points well taken. Did Seymour take advantage of the write off in 2009 with the large movemnet in December? Not sure how that works but I thought he sold and rebought to record the loss.

Thanks Lanny

I 1st purchased SRU in 2003, sold and have recently acquired more holdings.

Are there alot of companies in the exploration stage with similar value? If so what are their stock prices at? I think that is an important question to ask because if they are similar then we can partially blame management ultimately though they want to see the stock price rise too I would think. Could you make the case that the Ferguson Lake Project is behind in schedule, which I think can be attributed to the economy, but that Starfield has been strengthened by its stillwater acquisition in that it provides a few more options to the management team regarding hydromet testing and cash flow?

I see potential for the stock price to increase significantly based on news in the following areas.

- increase in qualified resources at Ferguson Lake (Increases valuation)

- confirmed diamond deposit (stock buzz and possible cash flow stream)

- proven hydromet process (mining viability)

Of course any significant news would be appreciated. I encourage any comments from the forum as these are only speculative opinions and I would like to know if others agree or disagree.

regards