At this stage while the focus is only the diamond drilling thats starting many have forgotten about the PGE, im not sure why the company has decided to test for PGE which is either from a visual assesment or because of the type of deposit and mineralisation which may just have a good probability of hosting PGE. SIR on the 26th last month said that it would take several weeks for these assays. possibly next week we could see results on this. Also next week we may see assay's from the 6m massive sulphide section and more visual assesments both from RC and diamond holes.
Next week should see some sort of news, it would be fair to assume every broker in the country has thier eyes on SIR and what comes out next.
Below is from the 26th
*****At this stage it is unknown if the mineralisation also contains platinum group metal (PGM) mineralisation – assays for PGM’s and other elements are expected to take several weeks.******
SIR Price at posting:
84.5¢ Sentiment: LT Buy Disclosure: Held
