SIR 0.00% $2.52 sirius resources nl

stuck in a hole, page-4

  1. 12,293 Posts.
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    Drilling results are expected for late this year or early next year.

    from the news 19 October 2009

    A third EM survey is scheduled to commence before the end of October and is expected to take 4�]6 weeks to complete. Once this survey has been completed all EM conductors will be prioritised for drilling, which is planned to commence prior to Christmas.

    They will definitive get good results because their areas are surrounded by word class mines.

    It's just a matter of time with two questions remaining unanswered : How low will sp go before skyrocketing and when.

    Therefore buying at 0.8c will make sure you will not miss the ride but may cause pain if you see your money going into the red for some time.

    BUT : It is just 1 seller, probably the last shares AXM is off-loading and those were bought heavily today. Once people realise that AXM is gone they might buy in because this "sp-down holding obstacle" has left and cleared the way up.

    I might change my plan and buy some for 0.8c.
 
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