The downtrend along with the window of opportunity for patient accumulation below key resistance, as per the chart below, seems to be coming to an end.
I haven't had this much conviction for a gold explorer since late 2019 with DEG just before its monster Hemi discovery. The kicker here though as many long termers will be well aware, is the Polar Bear nickel potential is not too shabby either with some exciting targets soon to be drilled.
Obviously going to need some luck and the blessings of the geology gods (along with the hopefully soon to be granted Vic permit) but the potential is there for a discovery (possibly even several), so fingers crossed for a similar DEG type outcome here.
@cha@Wack you may be interested to have a look here when time permits
Disclosure: Have taken a solid portfolio position in S2R over recent weeks with the intention to hold for at least the next 12 months.
S2R Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
