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SIR - Sirius Resources

Q. How do you avoid big mistakes?
A. Experience!
Q. How do you get experience?
A. Make big mistakes!

Glad you did not say worth 70c, or even, valued at 70c

Not held since it was named Croesus (CRS)

I think diamond drilling results are meant to be released tomorrow or Monday.. or so the rumour mills/expected time plannings are saying.

There were lots of 500k trades today. That means the big boys are trading it??

It hit the 70c wall 3 times today.. then once that was through I saw a tonne more buying.
 
Has anyone here noted, that Matsa(MAT) is claiming the Nova find straddles their boundary?


I don't yet hold either SIR or MAT
 

Excuse my ignorance, but how did you find out there were 500k trades today? using what website/program?
 
Has anyone here noted, that Matsa(MAT) is claiming the Nova find straddles their boundary?


I don't yet hold either SIR or MAT

Yeah they got the market excited with that claim. Think both of these ships have all but sailed
 


^^^has no idea what is going on. even manages to get the name wrong in the wall street quote hahaha
 
^^^has no idea what is going on. even manages to get the name wrong in the wall street quote hahaha

hahaha there are so many topics that I have a great deal of knowledge on that you have would NO idea about. Thanks for your hero comment grand master.

The reason I am on this site is because I am a self professed beginner trying to learn - but thanks AllAussiebogan, class act.
 
Trading Halt announced this morning

they'll raise capital. Who would'a thunk ? :
 
Trading Halt announced this morning

they'll raise capital. Who would'a thunk ? :

Unless it`s to do with the oppies. Or another great big whopping find !!.

Hope it doesn`t booger up the comp leader
 
SIR up 2365% over the last month since it was 5.7c on July 20. Another fairly big gain today of 28.9% to $1.405. Do you guys think this stock can crack the $1.50 mark
 
SIR up 2365% over the last month since it was 5.7c on July 20. Another fairly big gain today of 28.9% to $1.405. Do you guys think this stock can crack the $1.50 mark

What I am trying to understand as a beginner, is that 2365% rise warranted? Besides the obvious, being the discovery what has caused such a massive run, I would have assumed this would be a classic ride the wave and dump the stock and that it would drop down again?
 
http://financial-dictionary.thefreedictionary.com/Bigger+fool+theory
Firstly no one knows the value of a junior explorer, ... Potential only?
Along comes this discovery and as you say, it significantly raises the value of the company!
Still noone knows the new value of the company.
At some point the SP overtakes the value ... so what ... the greater fool theory kicks in.
Later a second drillhole confirms that this is a sirius (sic) discovery.
Naturally it takes off again.

Below is chart of CDU that shows just how stoopid this can get.
 

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I wonder what has caused recent sell off..

Kinda large for general market sentiment when there's been no bad news on SIR..
 
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