if they go way up, when does one get out?, page-4

The SP will tick north on announcement of mobilisation of the rig.

Personally I am not expecting that to happen until very early in the new year....but would be happy to be proven wrong. In the mean time, I have continued and will continue to accumulate script.

Should our first drill be a success, the SP will absolutely fly IMO.

At that point, it is wise to take some of your risk, and some of your capital off the table.

Each to their own, but there is no way I would want to walk away from this play....a few very successful holes will see the price well past 10c.... depending on what we find a billion dollar market cap is NOT out of the question.

Upon any substantial rise, no harm taking your initial investment off the trade, and leaving the balance to be free carried. Then at various milestones, you may wish to take more profit.

I bet those that sold out completely of SIR at 10c are kicking themselves.

As mentioned in a previous post, all the smart money has long since got on board.

Kiril.

I hold.