voisey's bay, page-7

Ajgeo as you say DIR is worth keeping an eye on, not just because its an investment opportunity when they float sometime this year, but because how their technology will affect the other Nickel companies. Sirius with it's world class low cost sulphide deposit is probably going to be one of the least effected companies. At the end of the day how big Bollinger turns out to be will have a far bigger effect on the Sirius share price than what happens at DIR especially as DIR have said they are going to restrict the number of licences that they issue to avoid flooding the market.

The higher cost nickel producers are a totally different story. Your multi billion dollar HPAL investment could become virtually worthless within a couple of years if the DIR process works as advertised.

On the opposite side of the equation your virtually worthless laterite deposit could overnight become as valuable as a sulphide deposit (post pilot plant success) just because you have been given a DIR license.

Regards

Wriglet