I emailed Peter Strachan from Stockanalysis about the latest Sipa results and this was his reply ( with his permission )
The slowness and cost of drilling out in Uganda always bothers me. But it grows.. The THICK disseminated zones speak very highly of the prospectivity of the Akelikongo Chonolith. But if ONLY they could find a big brother with deep pockets who can offer a decent drilling contractor enough metres to mobilise to Uganda! It really is a big, exciting, well-mineralised ultramafic. Very much the 'Nova' scale and style of body. But the big nickel deposit needs a concerted programme of deep diamond holes over a couple of kilometres of strike, not a few shallow diamond and very shallow RC over a couple of hundred of metres of strike. More to come in January from SRI though there I think: DHEM, etc. And prior to that, assays form the recent work.
Peter Strachan
SRI Price at posting:
1.7¢ Sentiment: Hold Disclosure: Held
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