Ann: Greater Fosterville Exploration Update, page-13

Certainly does make you wonder KD. Although im sure they would not get it for anywhere near the price of the market cap if they tried but even if they paid a heap more then sold off the other projects and just kept southern star they would have it with all the permissions granted, some drilling started.. so accounting for that they could justify paying quite a bit extra.

but prizing the shares out of managements hands and mine too before its had a shitload more exploration would not be easy. Happy to see them try it though.

I remember wondering why some of bigger companies didn't just buy degrey for relative pocket change in the early days after they had those really good early drill hits at hemi confirmed by more drilliing. Seemed like a good risk /reward but clearly they didn't agree. For the price of a couple of diggers and trucks they could have had Australia's best new gold mine.

I hope the same scenario plays put with s2r..

I guess noone trusts their crystal balls these days