Market activity now shows that trading in SIR has stabalised....

Market activity now shows that trading in SIR has stabalised. Not long ago an announcement like this would have sent the SP up about $1.00! People now realise that hype gets you nowhere in the long run and that this announcement has yet to be backed up with assays. Some excitement this morning but I have always said that this is a long term play. The best indication of where we really stand will come at the end of March with the JORC. Until then small announcements like this can't do any harm.

There are still more sellers than buyers, keep an eye on that. If the sell side dries up this could go for a run. If not, then we will settle back to around $2.20. In that case, there will be a few buying opportunities below $2.00 between now and the end of March.
Good Luck.