SRI 2.30% 8.9¢ sipa resources limited

gold income plus nickel plays

  1. 600 Posts.
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    Stock Pick (26c to 60c in 5 months)

    SRI has a producing gold mine and recently announced a large resource increase. From 180,000 to 750,000 oz
    at 3g/t. Great management. Nickel plays just announced draw well on far reaching corporate memory connections - its Ni could come up trumps and if so expect $1 imho.

    SRI has returning value to the investor in mind - as a 22c stock it returned 5c to shareholders this year.
    Market cap $54M. Connected with great exploration-thinkers through EDN.

    Oddly SRI has not advanced like other stocks on each bout of great news - jumps up but then retreats. This provides a buying opportunity before SRI is discovered for its Nickel prospects and solid gold income.

    Two other undervalued stocks are:
    1. AUZ/AUZO (23.5c/6.5c) Blair Ni production and exploration upside - not risen like other Ni stocks (cap $26M) and
    2. TTRO (8.5c) cash generation of $1M per month from Ni and RAV8 "mine life remains open ended" despite Grigor's popular cap/resources chart comparing Ni stocks.

    Do your own research before making a decison.

    On trying to post the above for SRI as a Stock Pick (60c in 5 months) I get:

    Microsoft VBScript runtime error
    '800a000d'
    Type mismatch: '[string: ""]'
    /stockpick_add.asp, line 265
 
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Last
8.9¢
Change
0.002(2.30%)
Mkt cap ! $12.66M
Open High Low Value Volume
8.8¢ 8.9¢ 8.8¢ $3.593K 40.52K

Buyers (Bids)

No. Vol. Price($)
1 50000 8.6¢
 

Sellers (Offers)

Price($) Vol. No.
9.0¢ 50000 1
View Market Depth
Last trade - 13.11pm 13/08/2020 (20 minute delay) ?
SRI (ASX) Chart
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