forget it, talking to the gurus is losing battle, last time TTT called a short, he got burnt. He believe SIR is worth only 8c - 20c, even CZI is trading higher then that. I double up my holding last time TB came on here, and got out with a loot after the last announcement. Nothing will go up in a straight line but this will not trade back to 0.20 in the near future.
Who can make it big, only time will tell but at this point of the rate, we are ahead.
By the way where is the approval from the WA government to start work on Mt Windarra? for SIR to obtain a Mining Lease , it took what? 9 days. Surely what is needed over at pos is alot less complicated. and where is the drilling result?
Nickel is at a year low, CNY, everyone is closed, it will take another week for the chineses fire up their production line again. But looking at the London LME wearhouse stock level, it aint going down. looks like the nickel price will stay at this level for a little while, I wonder that this will do to the marginal Ni producer?
Take note, CBA and NAB, JCP investments is on the share register, cant ask for a better supporter then investor with money where their mouth is. that is 56% of shares in tight hands.
Baloo is a mine, just need dome time to determine it a mine or a monster mine. if this asset to be spin off, it will worth a few $$$$. But early days not saying it will happen.
SIR Price at posting:
$3.02 Sentiment: Buy Disclosure: Held
