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Sirius Exploration -Green play? (SXX)     

P J H - 30 Jun 2009 16:01

Chart.aspx?Provider=EODIntra&Code=SXX&Si

chessplayer - 16 Nov 2011 11:47 - 178 of 976

It seems 30 is a bit of a hurdle at the moment with the market down by 50 as well.

HARRYCAT - 16 Nov 2011 11:55 - 179 of 976

Quite a lot of short positions have been closed over the last 48 hours and also shaking out the weak holders! Gonna stick with it for now.

skinny - 16 Nov 2011 13:16 - 180 of 976

Harry - just to cheer you up Hargreaves Lansdown have their SXX trades this morning as 34.62% sales v 65.38% buys.

HARRYCAT - 16 Nov 2011 14:41 - 181 of 976


Cheers, skinny. Still holding, though mindful of the saying 'buy on rumour, sell on fact' so assay results will be the make or break period, imo. Either way, will probably be out when they hit the press.

gibby - 16 Nov 2011 21:20 - 182 of 976

while messing around with 'joke' companies like htt % it is always good to see how my good ones are doing - sxx in the latter catgory - there is so much going for sxx - high demand for products - even better in the uk and gov support - and positives from results to date and more expected - it maybe time soon to take a risk and sell to hopefully buy back lower - just cant make up my mind

skinny - well done on your bold step and taking profit - sp already reversed a little since your 30p so maybe you will get back in lower - gl

HARRYCAT - 17 Nov 2011 13:09 - 183 of 976

Buying opportunity, skinny?

skinny - 17 Nov 2011 13:12 - 184 of 976

Not now Kato :-)

HARRYCAT - 18 Nov 2011 08:59 - 185 of 976

At least SXX is bucking the trend. Should test 30p level again today.
Core sample test results next week hopefully!

chessplayer - 18 Nov 2011 10:09 - 186 of 976

With all the financial turmoil at the moment, the performance has been fantastic. Let's hope that I am not putting the kibosh on the stock!!

chessplayer - 18 Nov 2011 13:59 - 187 of 976

According to this weeks Investor 's Chronicle, The value of the Yorkshire potash field are worth 26 p per share on their own.

HARRYCAT - 18 Nov 2011 14:03 - 188 of 976

So 26 + 6.5p when SXX was a it's 12 month low = 32.5p.
Has firmly broken the 30p barrier now, but still ready to take some profit when the sample results come out.

skinny - 18 Nov 2011 14:04 - 189 of 976

Don't mention the IC ! KOD.

chessplayer - 18 Nov 2011 14:09 - 190 of 976

Why not ?

Here is the article.

Aim-traded miner Sirius Minerals has ambitions to become one of the world's major potash producers by the end of the decade - and it's not looking badly positioned. It boasts potash assets in both Australia and the US but the main focus of the company's activities is a potentially huge source of the mineral fertilizer near Whitby in North Yorkshire. It gained access to that site in January through the 25m acquisition of York Potash.

These figures, however, really only reflect the progress that the company has made towards establishing a definitive resource estimate for that Whitby prospect - which management already describes as "one of the world's single largest potash intersections". This view was given credence by highly promising coring and wire-line tests conducted last month. Sirius also has the benefit of a huge amount of seismic data previously collected at the site by Rio Tinto during the 1970s. Chief executive Chris Fraser reckons the group should be in a position to publish an informed resource estimate for the site during the first quarter of next year. Although, prior to October's resource update, Liberum Capital's mid-range valuation for the North Yorkshire prospect alone was 26p a share.

skinny - 18 Nov 2011 14:52 - 191 of 976

Chessplayer - only joshing , IC normally the KOD - kiss of death :-)

HARRYCAT - 18 Nov 2011 14:59 - 192 of 976

Shares Mag this week:
"Sirius Minerals (SXX:AIM) 23.8p Buy
The companys share price dipped mid year and then rebounded strongly after publication of exploration data on its potash project in Yorkshire. A scoping study is expected by the end of the year and a resource statement in the first quarter of 2012. Sirius has been provisionally awarded a Government grant of up to 2.8 million to develop a geo-science centre which will ultimately aim to create highly-skilled jobs in the global mining industry."

skinny - 18 Nov 2011 16:33 - 193 of 976

Good luck to those still holding - it looks like I may have missed a lower re-entry point (for now).

chessplayer - 18 Nov 2011 16:38 - 194 of 976

up 4 points on the day! Wow!

You cannot be Sirius.

kimoldfield - 18 Nov 2011 19:53 - 195 of 976

There was chalk dust! Or should that be potash dust? :o)

skinny - 21 Nov 2011 07:37 - 196 of 976

Internal Board Restructure.

Russell Scrimshaw to become Chairman; and Chris Catlow to replace Richard Poulden as Deputy Chairman.

The Directors of Sirius Minerals Plc (AIM: SXX, OTCQX: SRUXY), the globally diversified potash development group, wish to announce an internal restructuring of the current roles of certain directors of the Company.

Mr. Chris Catlow, who has been Chairman of the Company since 6 April 2010, has requested that he step back from the Chairman's role for personal reasons that restrict his ability to commit the increasing amount of time and travel required of the role of Chairman for Sirius over the next very important period in the Company's development. He has been instrumental in defining the Company's strategy and in particular for merging York Potash into Sirius in January 2011.

Current Sirius Board Non-Executive Director, Mr. Russell Scrimshaw, at the invitation of the Board, has agreed to become Chairman of the Board of Sirius, effective immediately.

HARRYCAT - 21 Nov 2011 10:51 - 197 of 976

Holding reasonably steady again on a grim day. Core sample results any time now.
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