S2R 1.23% 8.0¢ s2 resources ltd

Ann: Diggers & Dealers Kalgoorlie Conference Materials, page-19

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  1. 5,466 Posts.
    lightbulb Created with Sketch. 477
    I assume there was a small but rich shoot or maybe a nugget in that hole. They ann'd it in good faith I expect, but got smashed when the speculators and investors picked up that it could not be replicated. Strange but true.

    Now compare with yesterdays ann from Calidus CAI, which headlined a spectacular 6m intercept of 63 g/t from a total of 20 holes published as results, where the typical was more like 1.5 to 2 g/t. And not a mention at all of the duds in the plan. So Calidus went up 30+% - but tumbled today and might crash tomorrow.

    I have voted with my feet and am out of CAI, but still hold S2R.

    Let others decide for themselves.
 
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