Australian (ASX) Stock Market Forum

SIR - Sirius Resources

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Gringotts Bank said:
Is this latest ann fully factored in at -20%? Any opinions?
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probably not; when a stock has been pushed that high on hype over a few good holes, the first hint of a break acts as a reminder that we're all mortal. In other words: "What goes up, must come down."
How far down? The next announcement about the next hole(s) will tell whether it's back down to $1 or up again to $3. The potential exists for a head and shoulders: LS=1/10, H=7/11, RS=23/11

SIR pm 26-11-12.gif
 
I've only recently realised that I accidentally own some of this from the Croesus handout. Not much, but now I have some interest. :)

Anyone else still in it?
 
kennas said:
I've only recently realised that I accidentally own some of this from the Croesus handout. Not much, but now I have some interest. :)

Anyone else still in it?
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Me, looks like a breakout from a downward trend,bit of volume to
 
breaker said:
Breakout from downward trend
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I'm not sure if that top 'trend line' is strong enough for it to actually be a trend line breaker. If there was another top along that line somewhere if might be closer.

I've started looking at the potential of this deposit and I'm struggling to see where the 500m MC is justified. While it may be of similar make up to some of the top Canadian deposits, the size of it is yet to be established. What if there's not much more to it? Still seems highly speculative to me withough some further significant hits extending the length, width and depth. The most recent holes to the north may do this to some extent. Maybe I'm just not a believer yet. A lot in the market are though I guess. What an incredible return for those on from 5c with a decent parcel. :eek:
 
kennas said:
I'm not sure if that top 'trend line' is strong enough for it to actually be a trend line breaker. If there was another top along that line somewhere if might be closer.

I've started looking at the potential of this deposit and I'm struggling to see where the 500m MC is justified. While it may be of similar make up to some of the top Canadian deposits, the size of it is yet to be established. What if there's not much more to it? Still seems highly speculative to me withough some further significant hits extending the length, width and depth. The most recent holes to the north may do this to some extent. Maybe I'm just not a believer yet. A lot in the market are though I guess. What an incredible return for those on from 5c with a decent parcel. :eek:
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Thank you kennas for your informed critique.
 
I presume that those bidding SIR up to these prices take account of the fact that it's nickel we're talking about here; that established Ni miners such as MCR and PAN are losing money at today's Ni prices - and have been for some time; that SIR's M/Cap is about five times that of those companies?

;)
 
I presume that those bidding SIR up to these prices take account of the fact that it's nickel we're talking about here; that established Ni miners such as MCR and PAN are losing money at today's Ni prices - and have been for some time; that SIR's M/Cap is about five times that of those companies?
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Crazy stuff isn't it ? The market is littered with companies showing excellent drilling results and all they get is a sniff, a little hit and a quick exit.

Somehow SIR has managed to create enough interest to see a big jump and the SP has stayed relatively intact.

And I jumped on the dogs...:banghead:
 
SIR.png
kid hustlr said:
whoa at this stock!

EDIT: Where's the duck with his thoughts??!!
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I never know what to make of the volume on these things. It looks like when the volume drops away the stock retraces so then the question becomes when has the retracement ended and then hope we catch the next train.
 
Strange, very few posts here on Sirius, more in fact on several threads on overseas websites. Anyway, many are now looking for $10.00 when the stock has not yet met $5.00.

The new Bollinger find looks to be as big as Nova, the company have said, and they have not yet found the eye.

Needs to reach $54 a share to beat Posiedon NL in 1969/70 -- could be done, imho.
 
noirua said:
Strange, very few posts here on Sirius, more in fact on several threads on overseas websites. Anyway, many are now looking for $10.00 when the stock has not yet met $5.00.

The new Bollinger find looks to be as big as Nova, the company have said, and they have not yet found the eye.

Needs to reach $54 a share to beat Posiedon NL in 1969/70 -- could be done, imho.
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... and to think, only 3 years ago we traded them between 1 and 3 cents by the 100k.
I quickly had some earlier CRS losses recouped - why didn't I keep about half a Mill? Even after the 20:1 consolidation, that would be 25k of today's SIR.
But I'm sure, many a punter will ask the same question. I wonder if our friend from https://www.aussiestockforums.com/forums/showthread.php?t=20316&p=586236&viewfull=1#post586236 did...

SIR m 13-03-13.gif
 
pixel said:
consolidation, that would be 25k of today's SIR.
But I'm sure, many a punter will ask the same question
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I finally worked out what he was getting so upset about




:D
 
Last edited by a moderator:
Sirius Resources

For everyone who missed out on the Sirius resources when it was just a few cents.............. Please keep an eye on LKO (lakes oil resources).....might be heading the same way.
 
Re: Sirius Resources

Doubt it.

SIR's current incarnation has only been around for a few years.

LKO has been the same garbage for 20 years+

Not to mention LKO's 7 BILLION shares on issue compared to SIR's 220 mil
 
barrysam said:
Anyone think that the share price has got much more upside
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There's plenty of upside but you shouldn't listen to me because we are on the internet.


And no-one will send you a telegram to tell you when the elevator reaches the top floor!

;)
 

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