SRI 5.88% 1.6¢ sipa resources limited

SRI is a high risk spec explorer. The chances of it successfully...

  1. 2,623 Posts.
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    SRI is a high risk spec explorer. The chances of it successfully finding something economic is low. In my opinion, these type of spec explorers are not where you put money you can't afford to lose and you don't average down just because it looks like a bargain. We are holding in the hope Enigma or near the Jenkin fault has something big. My plan would have been different for JML, being a producer. JML's fall was due to copper falling off a cliff in 2008. JML should have been a sell based on the copper chart even before the JML chart said sell. It's all about timing though, I only looked into JML early 2009 at 11c and thought it was a bargain. I regret not buying as performed great over the next 2 years.
 
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Last trade - 16.10pm 31/10/2024 (20 minute delay) ?
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