SAU 4.35% 8.8¢ southern gold limited

Ann: Access points located at Gubong Gold Mine, South Korea, page-7

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 360 Posts.
    lightbulb Created with Sketch. 1
    I believe that on the day the local mayor gave us his blessing one of the BMV chappies said that it had been almost 50 years to the day that Gubong mine had closed. Even better for us that all entrances had been sealed as South Korea pursued "other" gold mines (industrialisation).There should be little doubt that we are invested in the high risk stage of this journey in Korea. The market still has no proof that there is any gold left in this mine, in fact the market doesn't seem to think there is any gold or silver in South Korea full stop and we as yet have been unable to definitively prove otherwise. The recent history of the South Korea would suggest that the assumptions about this mine could well prove to be correct with the real potential to exceed this. I have attached a photo for all the goldbugs showing the real potential of high grade narrow vein gold from the early days of the gold rush in Ballarat. The Welsh miners had a saying back in those days
    "Where she be, there she be".
    Im betting she's still there
    Good luck to all of us
    20170821_164925.jpg
 
watchlist Created with Sketch. Add SAU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.