Hi All,
Looking at specs around the 1c, SIR stood out for its fine management, good cash levels and good landholdings.
I forgot to mention the landholdings that I liked in particular:
SIR has excellent landholdings in WA.
The Lawlers JV project (SIR earning 70%) is situated in the heart of Western Australia’s nickel producing district, and covers 80 strike kilometres of the
stratigraphy which also hosts BHP’s nearby Leinster and Mt.Keith operations, Xstrata’s Cosmos, Prospero and Sinclair mines, and Norilsk’s Waterloo nickel mine. Sirius has recently undertaken electromagnetic (EM) geophysical
surveys. The results of this program will be reported once received.
The Collurabbie JV is situated along strike 12 kms away from BHP/Falcon's Olympia Discovery.
The Fraser Range JV spans 400 strike kms of the Fraser Range Belt south of the Tropicana gold discovery.
Most other specs under 2c have gone for strong runs. IMO SIR will do the same.
DYOR
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