SIR 0.00% $2.52 sirius resources nl

any comments?, page-38

  1. 12,824 Posts.
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    I can't see much joy to come from Conductor 4 in the immediate future if going by the previous announcement. Paraphrasing from memory something like "stringer and disseminated sulphides with a small off-hole conductor to test". It is the lack of follow through on Conductor 4, which is discrete and perhaps was second in priority to Conductor 1 that has cast the share momentum into the doldrums, IMO. That risk has been covered here for months well before it eventuated.

    However, if Conductor 5 is a faulted-off extension to the main orebody and the response is being masked from surface, then some downhole EM and untangling of the structure provides an avenue for getting some wind back in the sails in the very near term, outside of the delineation work going on for Conductor 1.
 
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