I must have been perusing that announcement much the same time as you were @solidbricks. These systems are just plain BIG and they're HIGH GRADE. The scale of these deposits are huge and even bigger than I previously dared to imagine. SAU have got to get more South Korean tenements secured before any other company catches onto this.
I guess investors are so used to only interpreting deep drill hole results in very mature mining districts that they can't seem to recognise the significance of these rock samples from outcrops and old artisanal mine rubbish piles on barely explored ground.
These rock chip samples are of such high grade, yet many of them are simply hacked off, at surface, with a geologist's pick.
Then - there's just too much Quartz to drill through quickly at Weolyu. That's the sort of "problem" I like to read about. Hishikari baby. Most Aussies probably are unaware of Hishikari so let's instead say Pajingo or Cracow times multiples.
Junior Mining Investors seem to be Pavlovianly trained to react to only drill hole results and nothing much else. DD results will come in due course, however, I don't expect the SP to fly until these start rolling in. It should be flying more on this week's announcements alone. Probably have to wait a little more time for the market to catch on.
I worked out that I'll score an extra 78000 share by fully utilising the DRP. As an investor, I feel like I'm being looked after very well!
SAU Price at posting:
33.5¢ Sentiment: Buy Disclosure: Held