If indeed there is a signifigant / massive strike at the SEG ' eye' .. the SEG share price would go..... Ballistic ..
... We would expect some share price appreciation in the next few days and weeks as the initial drilling commences ... based purely on speculation of ' what if ' ...
... and the bit that really appeal to many from the next Small cap bulletin
( http://www.nextsmallcap.com/sirius-...explorer-has-more-land-more-drilling-targets/ )
" As you are probably aware by now, there is some “serious” nearology happening, with Sirius discovering and operating literally next door.
Right now they have a monopoly in the Fraser Range as far as large, proven nickel deposits go.
This type of situation is an especially fertile breeding ground for a potential takeover – if there is one thing worth protecting in any business, it’s a monopoly.
We would expect Sirius to pounce on the first of the other “Fraser Rangers” to prove up an economic deposit, to maintain the monopoly and further improve economies of scale.
They’d likely be willing to pay a substantial premium too, for an existing deposit within trucking distance of its own proposed mines and mineral processing facilities.
SEG stands out from the herd in several key areas, particularly:
.... Good luck to all ..... with the potential of a big discovery ..... the excitement is palpable ....
- Genuine likelihood of a significant discovery, with subsequent share price appreciation;
- Potential takeover from Sirius, or possibly one of the other explorers jostling for pole position in the Fraser;
- Miniscule market cap, much smaller even than Sirius pre-discovery, and before the nickel potential of the Fraser Range was known;
- Savvy, focused management able to pick up quality assets at bargain prices, and;
- Level of market excitement expected in the lead up to and during drilling. "
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If indeed there is a signifigant / massive strike at the SEG '...
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