Crack and friends - This industry is cyclical - AXM was a Creasy shell co. It had a cinderella period where it rallied from 5cps to $1.40. It held these gains for 12 months - 2 years.
Kagara, another shell company - Went from $5m mkt cap to $1.5B in 2007. Amazing.
This junior end goes one of two ways - either you are bought out and called a HERO - Think Jubilee, Jabiru, or LionOre.. Alternatively..
You ride the cycle too long and end up like KZL.
Its cyclical - SIR goes higher first, the risk comes when we see $1.50 - $2.00 my view.
SIR Price at posting:
90.0¢ Sentiment: Buy Disclosure: Held