Im far from a geo but what SIR has to date drilled IS NOT enough to start a mine, they have only scratched the surface of a very large structure(conductor 1) which many of us and the market is purely speculating that its holding a very large amount of nickel/copper/cobalt.
They have also 3 more conductors to test which are yet to be drilled.
Also they are in the proccess of doing another down hole EM survey to see how much further conductor 1 is heading down as this was still open at depth.
No such thing as a silly question.
SIR Price at posting:
$1.50 Sentiment: LT Buy Disclosure: Held