which one is more likely by 2016. That will answer your questions.
Diversification of investment strategy and asset classes is the first lesson in financial planning 101. Its not me that preaches this but ALL qualified financial planners.
With SIR strong run from $2.30 to $2.80 i am not surprised at profit taking by traders, i expected it to go to $3 but it didnt. Seems not all are convinced of the valuation or of the long term miling of gold with no plan or DFS for it and another $200M in capex for it.
IF SIR cannot crack $3.10 this run, thats a triple interim top at $2.80 forming...bearish pattern...just for your info.
Dennis is working overtime to get your mine, declines, staff rooms, toilets, roads, processing plant, crushing circuits, staff contracts, transport contracts, offtake contracts done...things that WSA MCR PAN years ago and which POS is finalising right now for production restart in next few weeks.
You can blow wind up SIR but dont criticise real NI miners and their hard slogs. Thats what real mining is about not pipe dreams. Its tough to get these things done, makes it easier with lots of cash adn debt for sure. Most miners are avoiding debt right now.
People in glass houses dont throw stones.
SIR Price at posting:
$2.77 Sentiment: None Disclosure: Not Held