I called and spoke with Derek last week, who now also has a geo consultant assisting who was with Sirius all the way up until the Nova discovery.
Apparently Sirius have said right from the beginning that the most important (likely to yield nickel) land in the Fraser Range is that which is along the central magnetic corridor (forgive my terminology - i'm far from a geo - just trying to repeat what i was told) which is exactly what we have and what management waited so long to get their hands on.
Sure, it is disappointing we haven't hit a conductor yet but we do have a hell of a lot of prime land and if their is another Nova in them hills, we should have have a better chance than any at finding it.... our cash in the bank will go along way.
For starters, just one conductor and our SP will immediately jump 30% or more and as it approaches being drilled our SP will be double what it is now, based on the examples of BOA, BUX, WIN, RTR etc.
I think our SP has held up quite well today and as punters or investors we are well positioned for some highly probable gains on our investments.
I'm hanging in their
