You may well look right short term Street Talker - but I'll hand...

You may well look right short term Street Talker - but I'll hand on heart take a bet that SIR trades well above current prices in 2-3 years time.. It is truly world class and that usually means "premium"... Those people you mention can ride out cycles, they don't care if the stock halves, they have bigger plans..

WSA traded up to $2.20 from $0.20 on discovery of flying fox - It then traded all the way back to $0.80 within 6 months of discovery. 18 months later it was testing new highs at $4.00 and 3 years later it was north of $10.00

So, moral of this story..

If your a trader/ short term punter, you potentially got some risk here.

If your ok with capital being locked up for a while.. ignore the scuttle from these noisy types.. This is potentially value here in my opinion, world class assets usually get bids.. You could hardly call the current metals market "good".. Creasy would be buying with this in mind in my opinion..