If it's say 4m at the equivelent of say 8.6% copper, that's a mediocre hit.
IF they get 15m of the same in the next hole then that would be an outstanding hit but would certainly not warrant a sudden one day boost to a 30m market cap. Also it's only stepped out 55m from the first hole.
I would have thought a slow and steady rise pending more drill results (at least find out what the drill core actually reads).
I really don't understand why this is running so hard. I'd be carefull.
SIR Price at posting:
30.0¢ Sentiment: None Disclosure: Not Held