panick selling / deleveraging ?, page-2

A lot of uncertainty out there re the EU, mate. A collapse there might impact on financial institutions globally. People are getting the jitters and bailing junior explorers.

Also, many would read SRI as not going anywhere soon. Mike needs a hit somewhere to restore confidence. My suggestion would be to go back to that thick secondary crust we hadnt been able to drill, and poke a couple of holes through that into fresh rock.If we get a good result, work outwards from there.
Also, he needs to conserve cash. Things are going to get worse, imo, and trying to raise money will be difficult and not at good terms for us holders. Reed Resources announced a 64% shortfall the other day, and that was a fundraising towards production. Not many would contribute to an SRI fundraise at the moment, I feel. Mike needs to restore confidence in our exploration prospects. Even drilling on-strike from VRX ground might produce a hit or 2.
My SRI are in a bottom drawer, covered liberally with flea powder and mothballs. I have no idea how long they will be there. But on that, maybe those selling have more brains than I have??

cheers
GZ