SAU 4.35% 8.8¢ southern gold limited

Ann: Bluebird RNS Released - Kochang and Gubong Updates, page-12

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  1. 60 Posts.
    Good post and analysis, HotTrade.
    I have a fair chunk of my holdings in SAU and thus am a bit more risk averse. Losing that money will not break me, but it will hurt. And before anyone says anything, I know, investing in a junior explorer is not exactly a risk-friendly strategy...

    I just see a lot of potential in SAU and have no trouble waiting for it to come to fruition. If the current strategy is the best in terms of risk/reward ratio, I am fine with it. Doing a CR or going for a massive loan to fund an intensive exploration campaign in multiple fronts might lead to great discoveries, but also a lot of misfires. My impression is that the quicker you want to find stuff, the luckier you need to be and I don't want to invest in a company whose strategy relies on luck.

    News are flowing at a steady pace, but slower than I wanted, for sure. Soon we will have the quarterly activities report and that will help clarify the situation.
 
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