Ann: Gold Discovery at Baloo Prospect, Polar Bear, page-35

SIR MC up another 10% today ie cracked the $1B MC today beating the WSA MC. its risen $200M MC in days on a gold find on which there is no DFS and gold mill planned or budgeted for at all.

WSA has risen also to $906M today but still well below SIR the market darling and bankers darling.

Its a good trade for now. $2 to $3 looks like where its headed. Maybe speculation on the offtake is mounting or that they will restart infrastructure building shortly or do a deal for LT gain.

WSA PAN POS MCR represent much cheaper better income producing low capex low debt value than SIR right now even on current NP. Once SIR is loaded with $500M debt, cost delays, union strikes, lowering NP due to global spike in supply and its spent all its cash by 2017 it will not be a pretty sight, SIR at $1 again. go ahead and laugh but what goes up will come down.

I think the other Ni producers have more chance of a 2 bagger than SIR frankly.... the SIR 100 bagger trade is done, so go trade it guys to $3 or $4 while it lasts, the traders and bankers can turn on you like a goose quick smart.