S2R 4.17% 11.5¢ s2 resources ltd

Ann: Transaction with Pacific State Metals terminated, page-7

  1. 4,198 Posts.
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    If you look at the announcement of 7 August, this whole thing looks like a nothing burger.
    The consideration for the vend was going to be a holding in the newly listed entity. It's not as though we were expecting a large cash injection. The punters who were hoping for the next Fosterville on the back of a few drill results are heading for the exit. As always, sentiment trumps value, and I think it's fair to say sentiment is in the toilet.

    I, for one, am here for Greater Fosterville. Easy hold at these levels. Waiting patiently. A deal of some sort with Agnico would be welcome news.
 
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