SIR sirius resources nl

Don't feel bad that there are no replies. Hotcopper tried to...

  1. 1,031 Posts.
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    Don't feel bad that there are no replies. Hotcopper tried to migrate to a new and improved site. I thought it was much better but most users hated it, so we went back to the dinosaur. They are probably having trouble switching back and forwards. Posts on all stocks are down in number.

    Anyway, yes it will increase by mid May. Markets get depressed from end Feb to end April or so. Then there is the old adage of "Sell in May and go Away (on holiday)" (Chinese actually).

    The sp of SIR is consolidating, meaning that it has been a massive excitement machine for the market since June. Now that there are no more massively exciting announcements (not right now anyway), the sp is falling back to where the market thinks the company is fairly valued at.

    It's probably about there now.

    But if you bought at nearly $5 then I don't think it will return to that by mid May, let alone sky rocket above that. Not unless SIR finds another massively exciting deposit or extension by then.
 
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