monday , page-7

Ive said before & will say again, the story will only get bigger from here. No matter what the present share price, SIR is a long term hold for us little people. In March when the company is admitted to the ASX 300, i for one will be investing some of my super in the company, if not for me then for my grandchildren. Think of this, nickel price is extremely low at present, some producers are on care & maintainence, Lake Johnstone is up for sale ( if they can find a buyer ). BHPs Leinster operations losing $300/$400 mill a year, until their recent major nickel discovery. Will the project be sold to a major, i dont think so,MC doesnt need the money and has always taken pride in his discoveries.This time he has the opportunity to make his mark on the Australian mining industry for generations to come. I started at WMCs Silver Lake shaft in 1969, have seen some of the highs & lows of the industry,Nickel highs will come again.As a footnote i have a pure nickel coin, in mint condition, from the first nickel produced by WMC in 1967, i wonder if SIR will do the same.Hopefully with MCs silloette on the reverse side.For his contribution to the mining industry he certainly deserves it.


ette