S2R 0.00% 6.9¢ s2 resources ltd

S2R - 42% up - Creasy strikes again ?, page-32

  1. 11,314 Posts.
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    Can't complain with a profit. Well done. I didn't enter until 42-43 cents and have built a decent parcel now. I saw recent results from Monsoon as having strong potential to be a large discovery. It's in the right area..excellent grades..width is good..even if true width comes in at half of the 66 meter interval it's very good. We don't know what's happening at depth so I had to jump on as the region/area is known to host very large deposits.

    Anyway that's what made me jump in after the initial spike. I see risk but the stock is tightly held. 56.5% by the top 20. The 17.8 million cash at bank will go a long way also to drilling this resource out. The fact they made the discovery early in their exploration campaign means they can limit dilution as they know where to put the drill now. Will be interesting to see how it plays out.

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