S2R drill bits should be turning at Fosterville just as gold price sentiment moves into the seasonally stronger period following the northern hemisphere summer and into early the following year.
The gold chart is already suggesting another assault on the all time high is now unfolding. This time however, a breakout to new highs on the back of a weakening $US and softer global economic outlook may also soon follow.
Any such breakout will likely trigger an absolute stampede of money into quality explorers, the likes of which we haven't seen for many years.
The scene is perfectly set here for the S2R share price to hit a proverbial home run out of the park.
Quality high conviction gold exploration opportunities like this are rare at the best of times. The timing on this one is increasingly pointing to be an exquisite one.
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S2R drill bits should be turning at Fosterville just as gold...
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Last
12.5¢ |
Change
0.015(13.6%) |
Mkt cap ! $56.60M |
Open | High | Low | Value | Volume |
11.5¢ | 12.5¢ | 11.0¢ | $6.754K | 57.27K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 117483 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 80211 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 93847 | 0.110 |
5 | 293435 | 0.105 |
3 | 140000 | 0.100 |
1 | 8163 | 0.098 |
3 | 110001 | 0.095 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 80211 | 3 |
0.130 | 133606 | 3 |
0.135 | 39950 | 1 |
0.140 | 52857 | 2 |
0.145 | 52700 | 2 |
Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
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S2R (ASX) Chart |