It’s as good a lease as you can get on earth. 8 holes drilled for fck all meters and they were able to define a structure and a decent starting point to follow up.
The question here is not if they will find something, rather what it will take to find something. Follow up drilling, lucky strike, loads of dilution or JV? Just have a look at SXG and what it took to get where they are, it doesn’t happen overnight.
So each to their own but I’m holding and will continue to do so as I believe in this project.
S2R Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held
