SIR 0.00% $2.52 sirius resources nl

sky isn't falling

  1. 1,617 Posts.
    I have been an investor in the SIR ride since July. I took profit and I'll re-enter once the stock is stabilised. It is disheartening to be a holder of a stock that's suffered a pullback but don't be unnerved.

    What is important to remember are the facts;

    1. Very economical grades of Ni have been discovered with exceptional grades at depth (see last Ann).

    2. The location is brilliant, the transport cost applied at the scoping study stage will be the lowest of any miner in WA IMO.

    3. There are many other prospective locations that have not been drilled within SIR tenements.

    4. The management team has executed the financing of the company and hiring of employees perfectly (IMO) - expanding SIR at a rapid rate, both in times of funds being tight (to secure) and a skills shortage.

    The company has cash and the ability to generate more, those drills will keep turning and the stock will grown in value.

    DYOR
 
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Currently unlisted public company.

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