S2R 0.00% 7.0¢ s2 resources ltd

S2R - 42% up - Creasy strikes again ?, page-38

  1. 1,335 Posts.
    lightbulb Created with Sketch. 101
    Apologies, I came across a little harsh.

    I've looked at a few cross section diagrams like the ones @chris1983 posted in my time.
    The potential size here is enormous.

    From the diagrams and information given, we can approximate the size of this deposit with:
    1) 30m width
    2) step out drilling indicating 50m
    3) depth of 100m
    4) specific gravity of 2.5
    5) 4.2g/t (cut)

    30mx50mx100m*2.5sg = 375,000 tonnes of gold bearing rock.
    This gold bearing rock contains 4.2g/t (cut) of gold.
    Total here is 4.2*375,000 = 1.5 million grams of the yellow stuff.

    It's clearly open at depth, so there's upside potential.
    Correct me if I'm wrong.

    Instead of drilling this out as fast as possible, they've moved on to the next target.
    I know where I'd rather have my money at the moment... and it's not in the household mortgage.
    Last edited by hagetaka: 24/07/16
 
watchlist Created with Sketch. Add S2R (ASX) to my watchlist
(20min delay)
Last
7.0¢
Change
0.000(0.00%)
Mkt cap ! $37.58M
Open High Low Value Volume
7.0¢ 7.0¢ 6.8¢ $16.22K 234.7K

Buyers (Bids)

No. Vol. Price($)
2 409 7.0¢
 

Sellers (Offers)

Price($) Vol. No.
7.2¢ 4725 1
View Market Depth
Last trade - 15.44pm 29/11/2024 (20 minute delay) ?
S2R (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.