Personally, after running the numbers and setting aside the 'value of the cash', this CR dilutes us to around $3.30-3.34.
At least now that SIR's exploration is a little more targeted, we'll see this cash applied to exploration that hopefully turns up firm in-situ value. But I honestly think a retrace to 3.60-3.80 is on the books until that happens and much lower if exploration doesn't turn up commercial value.
And I'll put my money where my mouth is and dump my holdings that I bought above 3.90.
Personally, after running the numbers and setting aside the...
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