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Junior Trader
![]() Join Date: Jun 2009
Location: Engerlaaand
Posts: 10
Favorites: SXX, JJB, WET, WTI, PMK
Rep Power: 10
Reputation: 46
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Just thought i'd check in with you guys.
I'm also an iii regular, mostly a watcher more than a poster. I'm in SXX, with about 15k shares. The effort put into documenting the company by the aforementioned people has been great and without it, I'd not have even considered investing. TS - If this comes good (And i know you will say "if!?!?") - ill owe you a virtual drink-of-your-choice, as it was from your initial tip that I looked into it and bought in at a shade over 4p. With the iii board becoming a bit hit and miss in terms of proper discussion, might I suggest some of it gets brought over here? It seems a better place to share information as it won't get lost in amongst the other tripe, as there isn't any tripe here! :) - SB |
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Junior Trader
![]() Join Date: Jul 2009
Location: uk
Posts: 9
Favorites: sxx,ucp,sro,viy,jlp
Rep Power: 13
Reputation: 114 ![]()
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welcome spacebison
I feel we are getting in at the right time. There is a lot happening with Sirius at the moment and things are moving quite quickly. The green agenda is hot and Treeshaker is correct this could well be the next big thing with regards to being the next dot.com. Sirius are in the right place at the right time. Their ideas and plan to exploit the mineral reserves first and then to use the empty caverns for storage of electricity is excellent. What adds to my confidence is that this is nothing new and is tried and tested technology. if the funding issues are resolved then I believe that we could be sat on some very sought after shares in the future All the best and good luck. If you have any questions feel free to ask and i'll endeavour to do my level best to answer them Prof |
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Trader
![]() Join Date: May 2009
Location: UK
Posts: 49
Favorites: BARC, LLOY, SXX, EMED
Rep Power: 19
Reputation: 182 ![]()
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Bought some more this morning at 4p. There are going to be some up and downs in the short term, this is a long term share. So this mornig was another good opportunity top up!
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VIP Trader
Join Date: May 2009
Location: UK
Posts: 169
Rep Power: 0
Reputation: 964 ![]() ![]() ![]() ![]() ![]() ![]() ![]()
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Yeah this is a great time to top up in Sirius Exploration. I only wish I had more funds available to do so myself!
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Trader
![]() Join Date: May 2009
Location: UK
Posts: 49
Favorites: BARC, LLOY, SXX, EMED
Rep Power: 19
Reputation: 182 ![]()
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Totally agree with you, I'm in the same boat. I'm looking very long term for these. Not to bothered about the medium term gains. I want to tie up more but its a case of how much can I tie for several years! I just want to buy now and forget about the stock for several years!
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VIP Trader
Join Date: May 2009
Location: UK
Posts: 169
Rep Power: 0
Reputation: 964 ![]() ![]() ![]() ![]() ![]() ![]() ![]()
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SpaceBison, great to see you on here along with the rest of us.
I am pleased that having done your research you bought into Sirius Exploration. This is a solid long term investment and I am sure it will reward you handsomely. It is still early days, but the management team are working hard to put all the pieces of the jigsaw in place. You will just need to sit tight on these and top up when you can afford it if you think it suits your strategy. Best Wishes all. |
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Junior Trader
![]() Join Date: May 2009
Location: London
Posts: 1
Rep Power: 11
Reputation: 10
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Finally got into this this morning on teh dip. Been on the iii forums as well and had to migrate ehre from google which has become a little ridiculous.
Need to free up some more cash from some othe rinvestments. This one looks like a nice long opportunity. Good luck to all! |
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Junior Trader
![]() Join Date: Jun 2009
Location: London
Posts: 9
Favorites: AFE, AFR, PRL
Rep Power: 16
Reputation: 163 ![]()
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Hey guys. Thanks for the info on this share. It looks really good and im looking for a good entry point. I know most have been saying the current price is a good time to get in, but its taken quite a knock the last week and i feel its still gonna go down a bit more (as do most aim shares when theres no news).
Treeshaker, whats your target price for this company? |
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VIP Trader
Join Date: May 2009
Location: UK
Posts: 169
Rep Power: 0
Reputation: 964 ![]() ![]() ![]() ![]() ![]() ![]() ![]()
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Hey fadzahshare,
Good to see you here. I have filled my boots sith SXX and I am sitting on alot of these. I am not looking to add anymore just yet and will average up on positive RNS statements. The current price is still cheap and people who have bought in recntly are now holding - th shorts have gone pretty much and were only small punts anyway. My estimation is that it won't be around here long and we can expect some positive news flow from the company imminently to support the current share price. This will also attract new buyers and hopefully institutional interest. These shares will be like gold in a few years believe me. I cannot advise you of an entry point - that is down to you my friend. All I know is that 4p will be cheap in many years. Good luck. |
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Trader
![]() Join Date: May 2009
Location: UK
Posts: 49
Favorites: BARC, LLOY, SXX, EMED
Rep Power: 19
Reputation: 182 ![]()
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Hi Fadzashah,
I was holding quite a few of SXX during June. I sold them just before they shot up for 2p. Originally I bought them may. There was no news and these shares were steady at the price for over month. If they were going to drop down to that level they would have. During last week there was a lot of selling towards the end. Even today, but the price is keeping to the 4p level. I don't think it will drop down to that level anytime soon. If it does I will be doubling up my investment. I bought twice at 4p. Previously I have been greedy and kept waiting for prices to drop but on more than one occasion they have not. At the same time sometimes I have been hasty in my purchases and found that the price would have dropped in a few days after my purchase. Therefore you need to look at what your long term aim is for the stock. If its like mine keeping them for upto 5years, then the buying price makes no difference what so ever. There is no news at the moment so the price is fluctuating. But soon as there any positive news, the price will start to rise. Thats when you will wish you got in early. You have to do your own research! No one can predict the market, but i definately think this is a worthwhile stock to get into. Almost all post in other forums point the fact that this stock will be worth gold in a few years time. But you need to make the decision for yourself. You shouldnt invest what you cannot afford to lose! Also in this case you should only invest what you wouldnt mind being tied for a few years! These are my opinions! |
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