Lets look at other nearology plays to SIR, how much land they have in the fraser range and how much exploration they have done shall we?
THR - 25km2 - SP movement since announcing SIR nearology. Down 75%. Done Soil Sampling for gold, just about to retest for Nickel. Price, 1 cent, Value $4 million.
BUX - 165sq.km - SP 420% gain since Nova was unveiled. No drilling has been carried out by Buxton. Only just considering an EM program - Value $29 mill
MAT - Has ONLY a tenement application over its Symons Hill prospect, 6km southwest of Nova. - Value $65 mill
Infill sampling results unveiled a 1.6km-long nickel-copper anomaly.
The tenement hasnt even been granted yet! SP UP 300%
BOA - up 350% – all Boadicea has done is raise capital. Like THR, it was going to concentrate on Gold in the area...and changed its mind. - Value $30 mill
ENT - Up 125% - Value $39 mill
SFX - Up 125% - Value $58 mill
There - its said and done!!
THR Price at posting:
1.0¢ Sentiment: None Disclosure: Held
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