SIR 0.00% $2.52 sirius resources nl

holding your parcel long term, page-28

  1. 1,746 Posts.
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    Hajji. I can understand your point of view and it does have merit, if you are only looking at the short term and from a traders perspective What you are not looking at is this discovery is only about 8 months old. The combined resource of Nova/Bollinger has yet to be drilled out,(remember they are connected). The combination of Sirius & MCs vast landholding with new targets already identified and the potential of more to come in the years ahead cannot be over emphasized. Non Mining personnel cannot imagine how important the cost savings that will be made over a long minelife period, because the host rock is stable, the sulphides are clean with lots of CU/CO credits and in transport terms not far from already established infrastructure. We really have only just scratched the surface. Some have said that they would sell when mining commences which makes sense but what do you do when you have 1 or 2 mines kicking off but new discoveries being found on a regular basis, that is the potential to come.Anyone who is happy to sell at a profit at their price target good on them. Regrets achieve nothing.
 
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