Disclaimer is that I'm no expert but out of interest I looked at SIR's results from when their share price really escalated in mid 2012. So SIR (ie Sirius) came up with 4 m at 3.8% Nickel for their 'discovery' hole and shortly after that they got 13 m at 3.9% Nickel.
Compared with SRI (ie Sipa) who have one hole with 8 m at 0.95% Nickel, however that is preliminary XRF and final results are awaited.
SRI also have one hole with 47 m thickness of sulphides. From my limited knowledge of geology it seems quite thick in comparison with SIR. For instance Sirius initially found a 15 m thickness of sulphides near their discovery hole and shortly after they found 20 m and 27 m thicknesses for sulphides.
I'm no expert but it seems at least the thicknesses for sulphides is initially looking promising for Sipa.
SRI Price at posting:
6.7¢ Sentiment: None Disclosure: Held
