Agree, not sure why all thinking the results have caused the share price to drop. They are only aircore samples and indicate the presence of a deposit. There is a long way to go on this one and to be honest I wouldn't be surprised if it falls back to 10c.
Unfortunately everyone needs to have exposure to producers or at least explorers moving into production to make the most out of the high gold price.
It's a tough market at the moment and only likely to get tougher in my view so unless a company is kicking goals right now it will most likely get sold down.
Doesn't change the view that this could be a great long term punt. But a punt is what it is at present.
SIR Price at posting:
17.5¢ Sentiment: LT Buy Disclosure: Held