Naturally, the coy highlights all the +ves. Our questions is why, in this instance, has the market accepted them? As we know: a good presentation a $600m EV does not make!
Most certainly, if one doesn't place the same weight of emphasis on certain known factors then present price action will perplex.
Re CZN; I fail to grasp the analogy - seeking ore @ > 800m depth below existing working. How is that analogous with a virgin discovery within a potentially new regional play?
Suggest Diamond Resources a better analogy - discovered VB in 1993 & sold it to INCO in 1996 for $4.3bn.
Is Nova another VB?
Evidence to date suggests the probability of that question being answered in the affirmative are somewhat greater than 50% - as evidenced by Zachary's money flow.
Maybe SIR are sitting on a Thompsons (2.5mt Ni @ 2.1%)? Now wouldn't that be something?
Cheers,
SIR Price at posting:
$2.63 Sentiment: None Disclosure: Not Held