This company has been very tightly held throughout and has only being sold down by last year’s market conditions and impatient holders . The volume traded per day over the last 12 months averages 238,000 per day and 182, 000 for the last 6 months so with a little good news from this quarters drilling SIR should head north at a rapid rate.
Cash in the bank, huge land holdings - vast areas of unexplored land and follow up targets identified tick all the box's for 2012. I’ve held since 2010 and expected big things for 2011 but hey better late than never and i continue to accumulate at these levels.
SIR Price at posting:
5.7¢ Sentiment: Buy Disclosure: Held