SIR 0.00% $2.52 sirius resources nl

Imo:Results so far have been more than enough to support...

  1. 249 Posts.
    Imo:
    Results so far have been more than enough to support price

    Good thicknesses continuing into 700N line - +ve

    If those 2 holes had been pinched it could have curtailed the play short term. That has not been the case, train still chuffs along - +ve

    Alot depends now on assays of thick zones on 600N (39,41,42,43)

    If these assays continue to stack up - big +ve

    Technically:

    In the dailt time frame:



    Price has shied away from 2SD limit of regression channel.
    Downside limit now $1.95 and would need poor results to break below here imo.
    Upside on good news now $2.45-50

    In the weekly time frame:



    This weeks bar can slip to $1.90 which supports the daily range outlook.
    Next weeks bar can range $2.05 - $2.65 without raising any eyebrows.

    All gauges running at normal so far.

    Cheers,
 
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