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4.35%

8.8¢ southern gold limited

My sincere thanks to market maker in SAU for holding such a...

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nsw004

2,125 Posts.

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25/08/17

15:27

Post #: 26764608
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Originally posted by solidbricks ↑

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
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My sincere thanks to market maker in SAU for holding such a ridiculously low SP , getting a nice chunk of money this month end, time to top up again surely friends.

SAU Price at posting: 27.0¢ Sentiment: Hold Disclosure: Held
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