SIR 0.00% $2.52 sirius resources nl

So SIR cannot crack and hold above $3.10 the triple interim top...

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  1. 3,322 Posts.
    So SIR cannot crack and hold above $3.10 the triple interim top point. It MUST clear and hold above $3.10 to leg up to $4, if not the triple top acts as a resistance up point and then back down to $2.20 -$2.30 level being its triple bottom bounce off point.

    It held around $3.12 for a few days and then crack back below.

    The chart looks terrible,

    sorry Hartleys but you got this call wrong on TA. NP dropping is also hurting and now GP lower also, and cashburn of -$50M per QTR ....there is no respite.

    Ive given you the heads up, the wet dream is over teenagers, the mature marriage with screaming babies in the hot donga is here boys....get used to it. Time to grow up  fast.



    What Ni producers will benefit from a rising NP in 2015 on low capex low AISC?? MCR WSA PAN POS even IOG. SIR has cashburn galore in the coming 10 months. Get used to -$50M a QTR capex spending. Only respite is drill results or a early production cashflow start using a nearby functioning Ni or Gold mill.
    Last edited by tomboy: 23/02/15
 
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