S2R 7.69% 12.0¢ s2 resources ltd

Ann: Greater Fosterville Exploration Update, page-15

  1. 161 Posts.
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    I have decent size positions in this and Falcon Metals.

    Patience is the key for both.

    Gold is approaching all time highs.
    The Mideast is a mess, with fighting possibly escalating on multiple fronts.
    Inflation is high, with a very good chance that it will stay that way for the foreseeable future.
    Sink just 1 tanker, and oil is off to the races.

    Either of these stocks could/should shoot to over a $1.00 per share with even a strong hint of high grade gold in a couple of the holes.
    Both have enough $ on hand to see the early exploration through.
    Both have experienced management who have done this before. In fact, they share the same chairman.
    Both have a who's who list of Large shareholders who are patient, and not selling.

    Personally, I'm not selling a share at these rock bottom prices.

    Fortunately, I don't have to.
    Been there, done that.
 
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