It is a case of speeding ticket that struck. Yesterday, another bunch of brokers and investors were out visiting SIRIUS RES' Nova site-east-north east of Norseman, on the western fringes of the Nullarbor- and Lo-and-behold, the MARK CREASY-backed explorer placed it's shares in a trading halt. The halt, Sirius said, was because of impending exploration results due out by Tuesday morning. But the Bull suspects a strongly worded query from the ASX last week about Sirius' disclosure practices may have had a little bit to do with it. The ASX questioned the explorers big surge in the absence of any disclosed news early last week. As it turned out, the share price jump coincided with an institutional investor and broker trip to its Nova site. Who says speeding tickets don't make people slow down? And, as if stuck with nothing to punt their blue sky money on brokers turned to the next best thing: Sirius' neighbor MATSA RESOURCES. Matsa, which still doesn't have a grant for its tenement south of Nova discovery, jumped 21.5% to a near two-year high at 39.5c. NEAROLOGY, what would Brokers do with out it it.
Little bit in that for all of us!
SIR Price at posting:
$2.07 Sentiment: Hold Disclosure: Held