"have picked Sirius Resources as one of my multi-bag stocks for the next 12 months, with their exciting Nickel JV announced and more news and updates to flow from other projects."
In relation to your comments, I agree that that SIR has multi-bag potential over the next 12 months.
Today I bought 2.7 million shares at 1.1c. I researched the company over thew weekend.
I found Mark Bennett's recent presentation in Aug 09 to be very interesting. The company has $8.2 million (excluding purchase and transaction costs).
SIR has excellent landholdings in WA and excellent and experienced management.
I'm also aware that a number of institutions from Australia, Hong Kong and New York, including BT. Mark Creasy is SIR's largest shareholder with a 29% (undiluted) holding. He's also a SIR JV partner.
I'm also aware that SIR will be doing a roadshow next week in both Melbourne and Sydney. This will highlight SIR's attractiveness IMO. At around the 1.1c mark SIR's market cap of around $18 million is a joke. It has potential to go much higher.
Hence, I bought into SIR today and will be buying more soon.
DYOR
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