If you look back at the SIR in the quarterly dated March 2012 ,...

If you look back at the SIR in the quarterly dated March 2012 , there was discussion about the drilling but no excitement , the next quarter the first set of news, with very positive hits then 3 or 4 days later the bigger hits , trading halt suspension and re rating

If you look at the quarterly March 2012 , SIR has 2.4m cash , 4 conductors of interest in the Fraser range and had begun drilling .....now that sounds familiar, and the stock wasn't yet really on fire

The big news was almost 3 months later and that did see the stock take off , and over 5-10 days multiply almost 100 times in value after the hit

I don't think we will see any news next week , we may get an update on the visual confirmation from the casing , but lab tests will be at least 3-4 weeks away

If we do get visual positivity then i suspect the stock will rally towards 50 cents

This stock is much tighter held that SIR was , and has similar levels of cash than SIR did at the same point in its drilling of Nova