S2R 1.37% 7.4¢ s2 resources ltd

Agnico/kirkland committed $90m to the other three blocks - this...

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  1. 2,251 Posts.
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    Agnico/kirkland committed $90m to the other three blocks - this excludes the one block that is vital for potential LOM extension in the Curie zone, not to mention the brownfields potential of the goorong zone. (historical high grade intercepts and an existing oxide gold resource).

    if 3 blocks of non vital tenure is valued at $90m by Agnico, what is the vital of the one block of vital tenure?

    base case... who knows. $200m out the gate once the approvals come through? double that with some good hits extending the Curie zone and double that again with some goorong juice.

    it's all qualitative at this point very hard to value.
 
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