I'm here.... just watching. Laughing at some of the nasty comments. I guess that is just some peoples MO.
As I have said, I have taken zero positions in SIR, but if I could of I would have loved to have shorted it at 60c (which despite the trading noise, would be in the money at the moment).
I find it funny that people need to get nasty when you have a negative view on things. I have been on many a re-rate. Too many to name.
But I have also been negative on a few recently, and the ones I have been negative on usually drop.
Do I always get is right, of course not. I wouldn't be here if I did, lol. I'd be on some island somewhere. I still think it deserves to be sub 20c in time.
The short term noise and excitement doesn't hide the facts on SIR. Fairly narrow intercepts, at depth, in a unloved commodity at record low prices and they only own 70%.
In a different market, I would be more bullish, but seriously, who punts on the upside on a $150m 3 hole Nickel deposit. And to top it off, 2 of the 3 holes are only XRF grades.
BTW, I used to think highly of MC/Yandal, but if you followed him long enough, you would see he also has hits and misses. Like anything, you don't follow anything blindly. And seriously, if you are basing (and blaming) your trading gains and losses on what people write on HC, then what else can I say.
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