Bob... It is the old joke (which is not very funny).
How do you make a small fortune? You start with a big fortune and invest in speculative stocks like S2R.
The pace at which they have backed away from WA gold is remarkable. Or just a coincidence?
Anyways, management credibility is low. IMO this can easily trade down to, or even below cash backing unless they get some decent drill results. Unsure if they are still drilling?
LIR.
