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SRFDF.OB

Started by setravis, May 13, 2007, 11:52:30 AM

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setravis

Can't find any news that tells me why this stock
has moved in the manner it has the last 5 trading days.
What I did find.......
Recently did a private placement,
dilution but cash inflow to move forward{?}per quote from press release:
"Starfield will use the proceeds from the Offering for general exploration
expenditures and general working capital purposes."


I will place it on a very close watch to find out more.......
The volume has been building over those trading days,
and the Golden Cross 50/200-day MA cross over.

52wk Range: 0.17 - 1.003
Volume: 4,602,565
Avg Vol (3m): 387,417

Technicals
Record Price High
Most Actives
Percentage Gainer
MACD is Bullish
Stochastic is Bullish

Support @ 0.64...0.30...0.28
Resistance.......Blue Sky

Very tempting T/A here....... ;)
Have a Double Bottom (reversal) Pattern.......Break Out  @ 0.19

Below are the 6 Month, 1 Year, 2 Year and 3 Year Charts.......
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

About Starfield:
Starfield Resources Inc. is an advanced exploration and development company focused on its Ferguson Lake Copper-Nickel-Cobalt-Palladium-Platinum property located in Nunavut, Canada. The Ferguson Lake property covers more than 1.3 million acres and is 100% owned by the Company. Since 1999, Starfield has completed 132,000 metres of diamond drilling in 359 holes. A NI 43-101 technical report dated May 15, 2006 by N.C. Carter PhD., P.Eng. was filed on SEDAR and on the Starfield website on May 25, 2006. A developing feature of this mineral district is the significant discovery of high grade platinum and palladium mineralization found in the footwall to the massive sulphide deposit. Starfield's Ferguson Lake Project is unfolding as Nunavut's largest ongoing base and precious metal project.

"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

Almost a 38.2% Fib retrace.
Then a nice looking bounce north with outstanding volume.

Support @ $1.00...0.56...0.24
Resistance ... Blue Sky ahead

52wk Range: 0.17 - 1.14
Volume: 2,925,026
Avg Vol (3m): 526,281

Technicals
Record Price High
Percentage Gainer
MACD is Bullish

"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis