So tetete was right after all and bathcer1 was incorrect, sir sp...

So tetete was right after all and bathcer1 was incorrect, sir sp did not hold at 2.80 and the 2.75 resistance was cracked down to now 2.50 resistance and soon 2.20 resistance just as tetete and I predicted months ago on this site.

I said months ago, if 3.00 did not hold being the triple top and it did not clear this it would go back to 2.20, so far at 2.60 its not far to go and with np collapse and all analysts np predictions proven wrong and with -$33M losses per qtr for the next 6 qtrs in a row, it looks like SIR SP sticks out like a sore thumb.

WE saw with the IO majors like AGO n FMG n Ni majors like WSA SIR the SPs have dropped away, its time to finally foregoe that teenage wet dream mentioned by your posters last year and realise the wife and babies are screaming in that dinga and there is nowhere to hide, SIR will go lower, and as seen with AGO even low debt proportionate to MCap may not be good if your MC shrinks to below the debt level. Fortunately there are 3 great things going for SIR....Rob Dennis the Ni Legend as COO, its cash hoard and its low aisc as projected. But the negatives of cashburn, masive capex spending, massive quarterly losses, the largest debt of any ni producer in aust, low contractor costs.

SIR needs to get its ore tolling with early cashflow, keep cutting costs, buy a cheap mill of its own or use another mill nearby...the great expecations are way too sky high