SIR 0.00% $2.52 sirius resources nl

holding your parcel long term, page-5

  1. 376 Posts.
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    J247, still holding 75% of my holding purchased at 1.1c pre-consolidation. You hold for this long and longer if your analysis convinces you that there is more value to be had. I know that is easier said than done because these things are just so hard to "value". It also helps if you are a serious risk taker and that if the stock drops by half it is not a life changer. If you weren't a shareholder would you buy the stock. if the answer is yes, hold.
    I continue to hold at least until we get an idea of Bollinger and surrounding territory. Whilst the recent JORC was around 10% below what my fund manager and broker mates were expecting I console myself with the last paragraph in SIR's last drilling announcement - awaiting assays on 2 holes that Intersected thick massive sulphides south of the discovery hole. Note, there is also conductor 5 drilling plus Tethys plus ???. So the drilling and the announcements will continue coming.

    Go Cats
 
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