trading price, page-36

Nihilism

The Vwap would have to be atleast around 57c - 59c considering the low being 55c and high of 63c, the fact that SIR after a 700% rise on thursday pushed to make a new high and very strong volume is simply showing strength when on most occassions most stocks would have had a serious pullback after a massive jump. Plenty of poeple took profits on friday which i didnt and yet the buyers still far outweighed the selling no matter how heavy it was.

The register is tight and if volumes persist at these levels SIR is simply going to trade higher and continue many that are sitting on the sideline waiting for that big pullback. With results pending not many are going to be parting with their shares cap raising or no cap raising.

Next week is deffinately going to be an interesting show to watch, im going say SIR is going to make new high's based on a positive result from the 15m section thats pending. Watch out if that Ni grade more than 5%, SIR will pack on another 50%.