Weolyu could still end up being the “big kahuna” and I think that’s what has SAU excited. It’s obvious that drilling it - ain’t easy. It could end up consuming a lot of the company’s capital. Fruta del Norte in Ecuador was extremely difficult to prove up reserves and this was the main reason Aurelian sold out. Nice problem to have, though.
There’s got to be so much Au/Ag ready to be found in them there Korean Hills. The cost of finding it and proving it up on a shoestring is ultimately what this game is all about, though. It ain’t a blue chip, no matter what anyone says.
SAU Price at posting:
27.0¢ Sentiment: Hold Disclosure: Held
