- The previously announced program of easterly directed diamond core drilling, including twinning the previously announced high grade RC intercepts in SPBC0313 and SPBC0320, is scheduled to start tomorrow. The aim of the twin diamond holes is to provide important geological and structural information to clarify the geology and the geometry of the previously identified mineralization, and this will also provide verification of the nature, width and distribution of gold mineralization in the RC holes.
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Focus on what's important:
1) Original high grades have been confirmed. They were not a mistake.
2) More gold has been found, [email protected]/t.
3) Mapping process continues with drilling to commence in easterly direction of high grade hit tomorrow. Remember, "these follow up holes were also drilled towards the west in the opposite direction to the original RC". I fully expect much better results coming through.
4) Whatever happens with Monsoon, S2R is definitely no one trick pony. There are enough exciting assets to keep us in the game for a long, long time.
For me, this is a classic long-term play in exploration. It takes time to map/locate the good stuff. We're in 'chase mode' now, and I personally find that very exciting.
I made a decision some time ago that I would back these guys to make a big find. Nothing's changed, the chase continues.
Let the traders and the downrampers do their thing. In the end, the long run investors will get rich at their expense. As always.
My advice to all that believe in this Company (and to myself) is not to look at daily SP moves. Take a long-term perspective as an owner. It's not a matter of "if" we find something special, it's "when". If you need to manage your risks or if you're waiting for a better buy-in price then go ahead for sure. As for me, I'm happy to lock this one away and revisit when their race is run and won.
GLTAH.
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7.0¢ |
Change
-0.002(2.78%) |
Mkt cap ! $37.58M |
Open | High | Low | Value | Volume |
7.1¢ | 7.1¢ | 7.0¢ | $23.82K | 340K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 64160 | 7.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.3¢ | 136000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 89283 | 0.085 |
1 | 15000 | 0.084 |
2 | 19051 | 0.083 |
3 | 53398 | 0.080 |
1 | 50000 | 0.078 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 150000 | 1 |
0.100 | 5555 | 1 |
0.105 | 21803 | 1 |
0.110 | 240090 | 3 |
0.115 | 135806 | 3 |
Last trade - 11.48am 28/11/2024 (20 minute delay) ? |
S2R (ASX) Chart |