The drop from $3 - $2 would have sent most into cardiac arrest....The bumps in the road are part of the coarse, the yanks dropping 200 points isnt such a big deal
The fundamentals of SIR should have enough clout to stand up to external market forces considering they just roped in
"DISCOVERY OF THE YEAR"
4 diamond rigs and 1 RC rig cranking out the meters with likely the drilling of conductor 4 to start immediately once the DHEM survey results are on hand, the larger corporate activity is also always simmering in the background and without warning a substantial holder notice could land on thetable at anytime.
Apart from market volitilty SIR could on any given day surge back towards $3 and beyond, we all know that when she turns the lights on she moves like a rocket.
SIR Price at posting:
$2.48 Sentiment: LT Buy Disclosure: Held