S2R 4.17% 11.5¢ s2 resources ltd

Ann: Fosterville Update, page-26

  1. 725 Posts.
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    Thanks gruntov, sorry didnt mean to single you out really just tryng to make the point that S2R now has quite a few more strings to its bow than fosterville. I'm as guilty as anyone of being caught up in the headlights of the fosterville aspect and there is of course great justification for that too IMO.

    I initially bought in because of the awarding of the fosterville tenement (and of course the management team).

    As time has progressed I have become to appreciate the way the company is shaping up more and more with its other projects though. I like it when there is more than one decent project on offer in case any single one falls flat or falters in some way. As interesting as fosterville is, nothing is ever guaranteed. It's nice to have some of the other good near term options which we are accumulating to bridge the gap of any lulls in action from fosterville.

    Now we have got more victorian gold ground, warraweena, glenlogan at the leading edge of it all. We have ditched most of our obligations in Finland but still exposed to some upside so can focus on the Australian assets in our backyard. I think that's a better arrangement. Not to mention all the other bits and pieces we have lying around that could one day give us a nice surprise.

    Anyway.. sorry didnt mean to waffle on so much but thought id share the link below regarding the PM's and miners etc. Its a good breakdown and credible pep talk for weary gold investors who were contemplating capitulation. Credit to kamprad.. I stole it from him but im sure he won't mind.

    Maybe we can ride up on the coat tails of the gold miners and even become a more irrestistable target in the process..

    there are a ton of quotable bits and pieces in there, the idea of which probably you're all familiar with so I won't bother but it just seems to me like the worm really is turning in our favour..

    https://www.bakersteelcap.com/2024/05/01/gold-has-hit-new-highs-but-is-the-rally-just-getting-started-for-miners/







 
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