gold, page-10548

Yes, good luck to us.

S2R is going to do well over the next few weeks with good results, naturally.

It's easy to talk about great management. I've seen real life examples of "a really experienced manager" who has been nothing but a "really experienced suck hole" or a "really experienced Disallowed salesman" or a "real experience spin doctor". These "really experienced" folk are often useless at their job and are just riding a lucky wave into management or directorship. As a result I try to avoid looking at people and only focus on the company assets.

I do need to look briefly into management, and I've done this with S2. From the very brief investigations, they're top notch. They're associated with the best tertiary institutions in the world for exploration geoscience.

For years I've read about stock markets. Getting in on the winners often seems like I need to be close to the action. Since I don't like to interact with the general public, I tend to hide and I don't get the opportunity to work in and around general "industrial" listed companies. When it comes to mining, it all comes from a source, it all comes from real green fields exploration. I've been able to read, learn and understand about exploration geoscience whilst having very little action on the ground, so to speak. There are lots of listed exploration companies hoping to strike it lucky, mostly they're just tapping the market to keep themselves and their rigs running. A very small number of explorers will go on to discover new economic deposits. Identifying these has become my goal. I came to believe that S2 has the people to do it when I briefly researched their academic backgrounds and associations (LinkedIn).

As for the S2 leases... they've got prime gold land in WA. I've spent time looking over the publically available data from geoscience WA. The leases are situated in virgin land. I've posted previously about their location and Lake Lefroy. Suffice to say, their leases sit in the Southern Terrane of the Yilgarn Craton, which is, to my understanding, where the last of the thick oxide ores remain. Yes, thick golden oxide ores are good whereas transitional, sulphide or regionally metamorphosed ores are less good.

From my research in the WA GeoView database maps, two other companies hold substantial land around the S2 leases. MLX and FML. Both are already miners and not explorers. As a result, they're priced as miners.

FML is 51% owned by China. Remember GBG? Good luck.

MLX is interesting and is worthy of more research time. It's undergoing a demerger, and not all info is available.

S2R is an explorer. A real greenfields explorer. The S2 team doesn't know what's under the ground, unlike many other explorers who have sub economic deposits and are just milking the market. This means that you could say S2 is leveraged to the discoveries it's about to make. Forget the daily action in gold, the real money action is going to be the "proven discovery" within their corridor of gold under Lake Cowan.

S2 share price action also tell a story. I'm not the only one who can see it's potential, so to are a number of others who have pushed the price up. How much hype have you heard about S2?

Then there is the Scandinavian arm of S2. I'll just say "lit up like a Christmas tree".

While I really do believe that S2 will be the life changer to get me out of sector 7g, I try at every stage to leave emotion at the door so I can continue to invest with abstract clarity.

By the way, pain in the butt, much of your analysis here on the gold thread reads well. It's not my area of expertise and I can't completely ascertain accuracy, however, you certainly do seem to have your finger on the pulse.

S2R. The next big thing in gold and bass metals. More results should be flowing before the EOM.

Markets to fall, currencies to reset, gold to rise. A perfect storm for a perfect gold exploration company. Go you good thing!