re: Ann: Exploration Update at Symons Hill, F... To me this announcement is promising but not particularly meaningful. Doesn't make the stock more or less speculative for mine. The next round of meaningful results won't be until deeper drilling is done which this announcement stipulates won't commence until all assay, DHEM and gravity results are received and priority targets identified (which as a holder I am happy with).
I think the pressure will be downward on share price into the new year as people who were hoping for a quick buck exit. Can't see much action returning until the drill program has commenced and a bit of speculation returns on impending results. If anyone says "plenty of other irons in the fire" they are kidding themselves if they think the SP will move significantly on anything other than SH results.
I'll be holding the small packet I have until they're worth a bundle or nothing. Might pick up some more if I think I've picked the bottom. Could still be lower than here though IMO. I still think they are the best play of SIR nearology and hopefully have enough cash to find something if its there.
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