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Great news on registration
https://www.sec.gov/Archives/edgar/data/851726/999999999722003795/filename1.pdf
Checking with the company to see what the next step is
News of a sadden matter . John Richardson who was an advisor to SFEG passed away yesterday For those who knew John he had a very successful career in he industry and and a brilliant mind . He also had a wonderful sense of humor and a great story teller . SFEG will miss you along with all of your friends Rest in peace my friend !!!!
SANTA FE GOLD CORP [SFEG] files Form 10-12G
https://www.sec.gov/Archives/edgar/data/851726/000109690622001388/0001096906-22-001388-index.htm
SFEG will be one of the great turn-around stories of 2022.
I know, it sounds hard to believe. I get it. But just wait a bit more.
It’s now a story of the new leadership, new milestones (finally) at the right time. It’s a completely new day. I believe we will see evidence of this soon. First, let’s get this back trading!
2 events coming out at SFEG production and relisting Moe i know you cant wait
gold processing facility equipment delivered to az location . all equipment will be on site by next week .
2 positive news release should be out by 4/15
From the SEC Edgar board Form 10
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000851726&owner=exclude&count=40&hidefilings=0
FORM 10 FILED TODAY!!!!!!!!!!!
Not a pumper Just a shareholder who is in the know of most current news on the company I know the time frame of getting back trading
being very careful with this post
Can someone explain to me from the SFEG PR it says TMRC will get 50% of the company if the stock is revoked from a previous post
its a PR release on a feasibility study
here are clip from it
The area to be studied also includes a two-mile radius “area of Interest.” It is expected that upon completion of a “bankable feasibility study” TMRC and SFEG will jointly develop the deposit on an ownership basis of TMRC 50.5% and SFEG 49.5%, with TMRC the project operator. The letter agreement also provides TMRC the option to participate in other projects within the “area of interest” should SFEG elect to seek outside participation in their exploration and development.
TMRC is funding the project .
t is planned that exploration will be designed to proceed in phases, each based on the success of the previous, thereby limiting financial risk and expense.
Phase One is expected to focus on identifying shallow targets with close spaced electro-geophysical arrays from the surface and testing them with targeted diamond drill holes. The effective depth of penetration of this method remains uncertain but is estimated to be in the 75- to 150-foot range. We estimate a cost of approximately $500,000 for Phase One and, subject to regulatory permitting, weather and availability of contractors and equipment, will require up to nine months to complete.
Hopethat you are missing the point Gumsaa is making he has been positive on all of his posts giving information on 10K I agree with your post Very excited about the next 3 months as he said sell now or enjoy the rewards read the last Press Release so much positive news in it
I agree with you Hopethat on the positive press release i think you misread Gumzsa message He has always been positive with news on financials and says there is strong volume
info on SEC web site not quite understanding this since TD Ameritrade has a bid/ask posted and i trade every day
Will trading automatically resume after ten days?
It depends on the market where the stock trades. Different rules apply in different markets.
For stocks that are quoted in the OTC market (e.g. stocks quoted on DBOT ATS, Global OTC ATS, and OTC Link ATS, among other venues), quoting does not automatically resume when a ten-day suspension ends. Before OTC stock quoting can resume after a suspension period, SEC regulations require a broker-dealer to review specific information about the company in accordance with Exchange Act Rule 15c2-11 and FINRA Rule 6432. If a broker-dealer does not have confidence that a company's financial statements are reasonably current and accurate in all material respects, especially in light of the questions that may have been raised by the SEC suspension action, then a broker-dealer may not publish a quote for the company's stock. The OTC markets function through dealer systems where only broker-dealers may quote and facilitate trading in OTC stocks.
In contrast to stocks that trade in the OTC market, stocks that trade on an exchange resume trading as soon as an SEC trading suspension ends.
info on the CEO Brian Adair
As can be ascertained from what is described below, Mr Adair is somewhat of an investment legend having had stellar returns from his risk analysis and long term investment success. Santa Fe Gold stands out as his only major holding as he has continued to build his investment in Santa Fe to in excess of 50 Million shares according to recent SEC filings.
Brian's record of buying into distressed investment situation(s) is notable, having pulled off one of the most spectacular
investment outcomes of all time, with a bold and ultra shrewd million dollar investment into NVR the early nineties, that
enabled NVR to emerge from bankruptcy, whereupon Brian received one million share of NVR at $1 as it resumed trading.
check NVR price today
do you think he is going to let SFEG tank?
Next week===== more filings and news we have all been waiting for
nice numbers in trading this week
Heavy volume today Who said it would never trade again?
i did 3 transactions in the last 3 days all at a .07 limit 1 buy 7/21 one buy 7/22 and 1 sell 7/23
test sell placed trade at 12:15 PM not trying to liquidate
.07 limit order 2200 shares TD Ameritrade
Just placed a sell order through TD Ameritrade that was filled
i was able to do a buy order today with TD Ameritrade 2 times
what brokerage firm i will try TD Ameritrade tomm
Over 200,000 shares traded today. have not heard from the blogger who said it would never trade again . For those of us who have shares SFEG is working hard to correct the suspension . For those who think they have a crystal ball we will see. until then we have no idea what the SEC and SFEG are working together on. this may clear up in the next week. That's what lawyers get paid for !
Expert Market Tier. not sure if this is a bad thing. talked to an OTC support person this morning and he said this is better than being on the gray market . He said one of OTC subscribers requested the move to make it easier to trade that can go either way buy or sell
Janice
Can you explain what has transpired with SFEG. It is trading today volume 45000 shares so far about 10 trades I was able to do a transaction through TD Ameritrade
Thanks
Just made a trade On TD Ameritrade 8 out of 3301 LOL
trading suspension guidelines
https://www.sec.gov/investor/alerts/tradingsuspensions.pdf
Janice Shell Would you please post what may going at the SEC and with the management of SFEG & lawyers now that they posted their up to date financials and did some filings with the state of Delaware . the board is full of so many ifs and maybes and with your expertise it would be refreshing(FOR THOSE who own stock) to hear on what may be going on to get the stock trading again. too much gloom and doom on this board
here is their press release
https://www.santafegoldcorp.com/santa-fe-gold-files-annual-reports-for-fiscal-years-ending-june-30-2019-2018-and-2017-as-part-of-the-secs-requirement-to-resume-trading/#more-490
Thanks
Janice just listened to one of your blog Stock reality podcast very informative what happens when SFEG files on EDGAR what are the next steps to resume trading that should happen this week
GOOD NEWS
Santa Fe Gold Corporation Is Announcing That the U.S. Securities and Exchange Commission Has Issued a Temporary Trading Suspension of Its Securities
ALBUQUERQUE, N.M., July 02, 2020 (GLOBE NEWSWIRE) -- Santa Fe Gold Corporation, (OTC PINK: SFEG) (“Santa Fe Gold,” “SFEG”, or the “Company”) is announcing that the U.S. Securities and Exchange Commission has issued a temporary trading suspension of its securities beginning at 9:30 am EDT on June 30, 2020 terminating at 11:59 PM EDT on July 14, 2020.
The Commission temporarily suspended trading in the securities of SFEG based on Section 12(k) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) because of concerns about a lack of current and accurate information. The Company has completed the audits of its financial statements for its fiscal years ending June 30, 2017, 2018 and 2019 and will be filing a Form 10-K covering those years within the next week. The Company also plans for file each of its quarterly reports that are delinquent as soon as practical (the quarterly reports for the periods during the three years to be covered in the Form 10-K as well as the three quarterly reports for the fiscal year ended June 30, 2020) and expects to resume trading subject to satisfactory compliance and acceptance of its filings. Brian Adair, the Company’s Chairman stated: “We have been working diligently with our accounting and legal team to prepare the financial statements and periodic reports for the annual and quarterly periods necessary to bring the Company current in its SEC filing obligations.” Mr. Adair continued: “Our auditors have completed the audits for each of our fiscal years ending June 30, 2017, 2018 and 2019 and we expect to file our annual report covering those years within the next week. We are committed to our shareholders and plan to fully cooperate with the Commission in order to seek removal of the temporary trading suspension and to permit resumption of trading on the OTC Pink market as soon as possible
Moe Don't celebrate yet
This issue is being resolved at the SEC as we speak. It will take a few days to correct
John so sorry
Mo do you even own shares and if so why don't you sell and if not why do you even care would love to hear this logical explanation
so far from being dead
Mo if the mine was in Arizona it might be of interest
Its in New Mexico
But thanks for the update !!!!!
Mo the mine is in New Mexico
thanks for the accurate information
5 4 3 2 1 Blastoff SFEG
Moe my response
One of us is SO misinformed
Hope it is you
Hope it is not me but its possible so I'll admit to my mistakes
when SFEG doubles .14 you put your hand up
when it is at .035 ill do the same
and if you have as much stock as I do and it goes to a $1 we can meet in the islands and you can buy me a drink
Have to have a sense of humor in life
Moe 3 questions for you
1. What did this company do to you to be SO negative
2. if you believe you are right why don't you sell or do you even own stock ?
3.What is your end goal?