SCI 2.63% 3.9¢ silver city minerals limited

Ann: Extensive Sulphide Zone at Southern Anomaly, page-21

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  1. 275 Posts.
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    I think it is just a market wide sell off. everything is being affected. we are seeing things being sold off in Asia, europe and the US too, across all stocks. The rise in interest rates in the US has spooked the marktet. So nothing specific to SCI in my opinion

    I'm not sure what this means for commodities but usually there is an inverse relaitionship between commodity prices and interest rates. When interest rates rise commodity prices drop but this is not always the case as it is not the only variable that effects price.

    In regards to only just drilling not too sure why they didn't drill the hinges of the SE anomaly. To be honest I didn't really give it a thought. but since you brought it up it does beg the question. Maybe it doesn't fit their model and they just don't believe it is worth drilling
 
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