sir fundamentals , page-15

WellCon I am particularly interested in your stats on nickel stockpiles and demand for nickel in the future. A glut of nickel in the short term may mean that this site may not be developed into a producing mine until demand increases. However in the short term there is one useful consideration for holder. It will take some time to truly develop the JORC of this new site. It may take a year or three. By then demand may have picked up. It will also be very important to have management who can sell this to a major player. Some one whom for example can decide to offer 1 billion in shares and 500 million cash to existing share holders.

There is a long way to go at moment. In my opinion a sp correction is probably due (when I can't call), then SIR faces a rubbish nickel price no matter how fantastic the grade and volume. The true potential of SIR may not be realized until the world economy picks up. Here's hoping Spain and Italy get their economy into order and most importantly China goes through another growth spurt.