Hi John435...
I tend to think that the EM work at the 100% owned Cambridge prospect is where the most excitement may eminate from. I think they only need to further define the SR-1 and SR-4 conductors, and publish the drilling targets, and it is going to be all on. We know how succesfully SIR used (and continue to use) their EM to zero in on the sulphides.
We live in a trading environment of 'buy the rumor sell the fact'.
Well...depending on what the 'fact' actually is, and at what stage in the exploration program the fact is made public, selling of the fact may or may not be on the cards.
However, buying the rumor is always on the cards...and I think as we move through October there will be increasing anticipation of the first Cambridge drill in Nov.
But of course I totally agree with you that if the BHP holes show anything at all then things will be kicking off very smartly indeed. And although I'm no TA guy, one doesn't have to be to conclude that the S.P. might be about to launch. Certainly looking interesting...
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