I think sulphide grades are very robust - love the Voiseys Bay anology! - the step-out holes are showing continued widths of +10m of the higher grade matrix, breccia and massive sulphides.
I think talk here of possible intersections of massive sulphide greater than 50m is a little premature - but then who really knows whats down there. Two months ago it was just a cluster of EM anomalies and a geochemical anomalies.
Anything could happen over the next few weeks but I think the next "step change" in the share price will be when the undrilled conductors show that this is a nickel camp as opposed to single deposit.
SIR Price at posting:
$2.15 Sentiment: LT Buy Disclosure: Held