SXX - Sirius Exploration PLC

[mrworld]

I will be selliing mine today to make a quckish £1900, Ill buy in again at a later date I suspect.

[Roach-Rampino]

15/11/2011 1311hrs@ SP at 27.45p. I got out at 19.5p making a £1200 profit on my £3k (bought in at 13.5p) but bought back in again last Friday another £5k at 23.5p....currently a £793 additional profit. Where this will end up I don't know.

[Roach-Rampino]

16/11/11 0920hrs @ 29.70p. Some of you chaps must be over the moon at the moment?

[tam9]

certainly am - just awaiting assay results - lets hope it all shows positive!

[Roach-Rampino]

certainly am - just awaiting assay results - lets hope it all shows positive!

When are they due?

[super mike]

I think it's about 2 weeks from now, all being well.

[Roach-Rampino]

Cheers mate. SP dropped a little today. Closed at 28p.

[super mike]

Actually looking at a calender it should be sooner than that. I think I'm a week out and it should be next week sometime.

Basically it was estimated to take 4 weeks.

Are you still in or did you take your profit?

[whatnow]

despite your collective gains in SXX I can't help but feel that even the slowest of investors (hi) should still get involved with this before their news breaks of exactly how much moorland they can dig up for potash - which seems about 1-2 weeks away. I see a few risks, but can't help but want to put £1k in just to test the water and see where it goes... not sure if I'm looking for approval, but buying on this still seems logical - any disagreement?

[Sanj[UK]]

My other investments however, not so good. The worst being in PMK. Which has lost about 90% value. And probably won't recover. No point in taking the pennies out now though. They can stay there for a few years, until the company dies or the money returns... ;0

pmk buttfucked me..i was lucky i only chucked in £500 and not 5000. Hopefully they will fix them selves

[Roach-Rampino]

Actually looking at a calender it should be sooner than that. I think I'm a week out and it should be next week sometime.

Basically it was estimated to take 4 weeks.

Are you still in or did you take your profit?

Yep still holding 21458 shares bought at £0.235p....I keep toying with a sell but am going to hang on until at least Monday lol.

[Roach-Rampino]

SP slipped slightly yesterday (low of 26.775p) but seems back on the rise today...just had an ask of 30.2p.

Phew.

[Roach-Rampino]

18/11/2011 1630hrs Closed at £0.32p. Will be very interested to see what this does next week.

[super mike]

We have an innuendo filled RNS today. Specialists contracted to get the stuff out of the ground, shows a lot of confidence in the forthcoming results IMO.

[Sanj[UK]]

Sold at 28p..waiting for the drop. Its inevitable.

[Roach-Rampino]

Sold at 28p..waiting for the drop. Its inevitable.

Will you buy back in at some point?

[Roach-Rampino]

22/11/11 Today's volume has been huge. 1530hrs: Volume: 36,535,490

[tam9]

sold last week for 30.something with the sole intention of buying back in with another account as the tax implications for thsi is startnig to become too obvious that we are onto a winner, bought a substational amount of my holding back for 26.55 and made a tidy profit - will re-buy back the original amount of shares shortly when they retrace a little more

[super mike]

28 November 2011

Sirius Minerals Plc

("Sirius" or the "Company")

Chemical Assay Results

§ 22.1 metres (true-thickness) of high grade polyhalite across three beds
§ 15.1 metres (true-thickness) of assays received to date across the three high grade beds with average polyhalite grade of 95.7% including 5.83 metres of continuous +99.5% polyhalite
§ Grade and thickness of polyhalite in SM1 significantly exceeds previous JORC Exploration Targets and Preliminary Results

The Directors of Sirius Minerals Plc (AIM: SXX, OTCQX: SRUXY), the globally diversified potash development group, are pleased to announce chemical assay results of the first bore hole drilled at the York Potash Project.

Coring of SM1, the first new borehole in the York Potash Project, was completed on 26 October 2011. On 27 October 2011 preliminary results of the coring based on visual inspection were released, which were followed by a summary of the gamma-log results on 31 October 2011. Results from the first batch of chemical and mineralogical analysis of the three key target seams have now been received and are summarised in this announcement. Analysis of a second batch of samples is expected in the second week of December 2011.

Chris Fraser, Managing Director and CEO of Sirius said:

"These results are outstanding. The thickness and grade of the polyhalite seams has exceeded all previous expectations and analysis. While we await the second batch of assay results, what has been received to date indicates much thicker and higher grade material than expected. There have never been grades or thicknesses like this in any polyhalite deposit anywhere in the world, confirming the York Potash Project as one of the world's most significant potash projects.


"The quality of these drill results, if repeated at our next holes, will result in a positive reassessment of a number of project concepts such as scale of production, bulk-mining methods, and processing routes. As a result we are looking for ways to accelerate development of the York Potash Project even faster to fulfil the Company's goal of becoming a major potash producer even sooner."

Link: http://www.iii.co.uk/investment/deta...lay=news&it=le

One liked this part: "There have never been grades or thicknesses like this in any polyhalite deposit anywhere in the world, confirming the York Potash Project as one of the world's most significant potash projects."