For those of us who hold South32 and are looking for a bit of excitement have a look at TSX listed Sable Resources.
South32 agreed a farm-in deal with Sable on their porphyry exploration projects in Argentina in Jan 2021.
https://www.newswire.ca/news-releases/sable-and-south32-sign-earn-in-agreement-to-jointly-explore-the-don-julio-project-in-san-juan-argentina-835937719.html
Drilling has just commenced at 3 porphyry targets, with many more targets in the pipeline.
Sable is trying to replicate Filo Mining (TSE: FIL), market cap $1.6bn.
Geology looks very similar.
A major discovery at Sable could materially move the S32 share price and give them a new project in South America to market to investors.
Anyway worth a punt IMHO for S32 shareholders feeling brave!
JV with Sable Resources (TSXV:SAE)
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Last
$3.66 |
Change
0.020(0.55%) |
Mkt cap ! $16.57B | |||
| Open | High | Low | Value | Volume |
| $3.65 | $3.67 | $3.62 | $64.46M | 17.64M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 257336 | $3.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.66 | 209136 | 7 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$3.66 |
Change
0.020 ( 0.42 %) |
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| Open | High | Low | Volume | ||
| $3.65 | $3.67 | $3.62 | 2824055 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| S32 (ASX) Chart |