SIR 0.00% $2.52 sirius resources nl

we want $5.00 ... , page-9

  1. 5,418 Posts.
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    Awwong. The Jorc just told us Nova alone, Currently, has 8.2 billion dollars worth of Nickel and about 1 billion bucks of copper and cobalt credits. It also told us that this would be extremely low cost like Voisey Bay. This is at the low end of the Ni cost cycle too.
    The prospecting company Diamond Resources discovered VB in 1993 and sold them to Canadian mining company Inco (now Brazilian-owned Vale Inco) in 1996 for $4.3 billion a mere two years after discovery and well before the current reserve estimates there. With inflation, that is 6.3 billion in todays dollars. VB now has 141 million tons @ 1.6% Nickel .85% Cu and .09% cobalt, Familiar numbers anyone? Within a year of the first discovery there, a second orebody was found that was blind (not outcropping)Familiar? This was much larger but a lower grade due to silicate content. The third ore body was found by the new owners at about half the grade of the 1st one.
    SIR is a one billion dollar story. I am unafraid.
 
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