Good volume today.

Yes. Any reason that you know of?

Im guess specultaion about this from the recent RNS.

"We are pleased with the strong progress being made in North Dakota both in terms of our continuing land acquisition programme and our initial drilling activity. Coring of the Prairie Evaporate Formation at our first location is on schedule and expected to be completed within 18 days. The core samples will then be sent off for extensive laboratory tests."

Taken my profits here - 50+%.Good luck to any holders.

Yep, am still holding from 7p, but have to admit that I am probably pushing my luck holding on.

Got cold feet & sold this morning. Purely selfish, but now hope the sp dips to 9p!

...which it hasn't! up 11% so far this morning.

StockMarketWire.com
Potash mining group Sirius Minerals plc posted a pre-tax loss of £1.0m for the six months to September, up from £0.66m, on the back of an increase in administrative expenses.

During the period, the balance sheet was strengthened with an equity injection of £3m. Cash at September 30 stood at £3.1m.

The company changed its name from Sirius Exploration to reflect a change in strategy.

Chairman Chris Catlow said that progress made by the company coincided with a time when the broader markets 'have begun to better understand the long-term global potash demand/supply issues and the opportunities this creates for Sirius to become a major potash powerhouse within that environment'.

Drilling began on November 9. The company had no revenue in the period.

"The Directors of Sirius Minerals Plc are pleased to announce that the Company has issued 12,500,000 New Ordinary Shares of 0.25 pence at a price of 10.4 pence per share to Scrimshaw Nominees Pty Ltd as trustee for the Scrimshaw Family Trust. The proceeds of 1.3m will be used for general working capital purposes.

In addition, the Company has granted 37,500,000 options to Scrimshaw Nominees Pty Ltd as trustee for the Scrimshaw Family Trust to be exercised at any time within a five year period from the date of grant. The options have been allotted in three tranches:

12,500,000 options at an exercise price of 25 pence;

12,500,000 at 35 pence; and

12,500,000 options at 45 pence.

It is intended that Mr. Russell Scrimshaw be appointed as a non-executive director of the Company shortly and a further announcement will be made confirming this appointment and providing further information as required by the AIM Rules."

SP still climbing this morning... it's looking good! (hope I'm not speaking too soon!)

North Dakota: land acquisition and drilling update

The Directors of Sirius Minerals Plc (AIM: SXX, OTC: SRUXY), the potash mining group, are pleased to announce that its wholly owned subsidiary, Dakota Salts LLC ("Dakota Salts"), has acquired a further 1445 net mineral acres of lease areas adjacent to its existing properties in North Dakota. The Company now controls some 10,090 net mineral acres of lease areas overlying the Williston Basin, having an overall land position of approximately 21,492 gross mineral acres within North Dakota.

The new acreage has been acquired from multiple unconnected owners for nominal initial cash payments per mineral acre with royalty payments due on mining production in line with industry norms.

Time to be watching for a bounce, imo.

related
http://seekingalpha.com/article/245634-3-commodities-that-will-shine-in-2011-fertilizer-lithium-and-uranium

Acquisition of York Potash Ltd and CEO appointment


The Directors of Sirius Minerals Plc (AIM: SXX, OTCQX: SRUXY), the globally diversified potash development group, are pleased to announce:

the acquisition of York Potash Ltd; and

the appointment of York Potash's founder, Chris Fraser, as Managing Director and Chief Executive Officer of Sirius.


YORK POTASH ACQUISITION

Key facts

Various agreements in relation to mineral rights both onshore and offshore over approximately 600km2 between the towns of Whitby and Scarborough in England, UK;

Situated in a known high grade potash region with existing operations on an adjacent property;

Extensive historical data from previous potash and petroleum exploration in existence;

Established as one of the world's largest deposits of polyhalite at mineable depths;

JORC Exploration Target1 of between 3.3 and 6.0 Billion tonnes of 67% to 94% polyhalite (19% to 27% K2SO4); and

JORC Exploration Target1 of between 330 and 400 Million tonnes of 35% to 40% of potassium chloride

Directors' Dealings

The Board of Sirius Minerals, the globally diversified potash mining company, was notified on 17 January 2011 that Andrew Lindsay, Chief Financial Officer and Finance Director of the Company, purchased 582,352 ordinary shares in the Company at an average price of 17 pence per share on 17 January 2011. Mr Lindsay now holds a total of 582,352 ordinary shares in the Company representing 0.07% of the Company's issued share capital.

made big mistake in selling these for SKR .

kerrrchinnnnggggg! lol

tanker - just to make sure - i only posted last post because sxx has been very good to me - nothing to do with you selling for skr - did not want a misunderstanding - i am also in skr - like both companies - gl

North Dakota Assay Results

While Sirius is still awaiting the finalisation of the technical report and recommendations from North Rim Exploration Limited ("North Rim"), the following observations can be made:

The total intersection is interpreted to include the White Bear marker bed (1.57m) followed by 15.05m of interbed halite with 8.69m of Esterhazy Member mineralisation at the base;
The total Esterhazy Member intersection was 27.9 ft (8.5 metres) with an average grade of 11.8% K2O;
Peak value of K2O within the Esterhazy intersection of 41.0% K2O and 10.3% Carnallite over 1.1 feet (0.34 meters); and
The potash mineralisation is in the form of both sylvite and carnallite which is similar to Esterhazy Member type mineralisation seen in the Saskatchewan Prairie Evaporite Formation.

Sirius and its consultants are continuing to review these results and are planning the next stages of its exploration programme which may include additional seismic lines, geochemical and regional studies prior to initiating further drilling.

Down 10% on the news???