S2R 6.25% 7.5¢ s2 resources ltd

S2R - 42% up - Creasy strikes again ?, page-40

  1. 4,317 Posts.
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    Yes exactly - I have been on CDVOA since about 12c (heads that is)

    Still holding

    I am absolutely no gold mining expert but there are a large number of top notch funds backing that one - grade is low, there is sovereign risk but strip ratios etc. .. from all accounts shaping up to being a large potentially world class deposit - grade is good but not everything there are a large number of variables with economic mining

    S2R is just not there yet - they have similar market caps - CDV a bit larger give or take dilluted - and CDV diluted has a stack of cash as well

    I like to follow the smart money - I believe there is very smart money on both stocks - CDV just had a heavily oversubscribed placement at quite a high price - if S2R pull out the goods you could expect more money thrown at this stock for sure

    What I can't see (and I guess the reason I exited - rightly or wrongly time will tell) is who was offloading and who was buying last week

    Either way I am happy for you guys if they prove up a massive deposit and I stay out - all good there are heaps of stocks out there and I have been making good coin - took a position in MAT last week.

    Sorry if I came off as having an agenda. I don't but like to call what I see I think it is better for Hot Copper - there is a point for looking at both sides and not getting defensive if people have other opinions - that is what makes a market and I have found you make more trading if you can handle different points of view

    Anyway you guys seem pretty sensible here so I will hang around
 
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Last
7.5¢
Change
-0.005(6.25%)
Mkt cap ! $37.58M
Open High Low Value Volume
8.0¢ 8.1¢ 7.5¢ $31.82K 400.3K

Buyers (Bids)

No. Vol. Price($)
1 75598 7.3¢
 

Sellers (Offers)

Price($) Vol. No.
7.5¢ 4821 1
View Market Depth
Last trade - 13.34pm 25/11/2024 (20 minute delay) ?
S2R (ASX) Chart
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