lunamaya- you bought in more at $2.60, i hope you are trying to pick the bounce or are following hartleys call in the sunday times this week BUY on SIR. Otherwise, wait until this drop has cooled off, more Ni finds, well they announced just days a go a new drilling schedule but may take months for results assys etc.
They need to ann offtake and cheaper and cheaper infrastructure and staff with NO UNIONS, maybe cheap imported labour like at Roy Hill.
Billynpop - congrats mate, you are one of the luckiest guys alive, i would cash the profits live off the cash and wait for a bottom pattern which is nowhere insight...uglky graph right now, sharply down and all this good news, what happens if there is bad news? So the traders are running the show, bounce up short down get the 50c profit and dive out....if these traders are in control and it cant crack 2.80-3.10 triple top resistance level then they will move it lower till the 50c up move comes again...its how they make a living.
Just wait for a defined trend. Or buy something inNI cheaper with upside spike potential, lots of candidates, until SIR bottoms out.
SIR Price at posting:
$2.62 Sentiment: None Disclosure: Not Held
