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4.35%

8.8¢ southern gold limited

Ann: Kochang Project, South Korea - Bluebird RNS Released, page-10

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1ForDaMoney

5,521 Posts.

142

02/03/18

15:44

Post #: 31485952
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Originally posted by 1982 ↑

@Abos Most exciting gold play I am aware of. OGX is also exciting, but is approaching a $100M market cap. Dwarves ours, and I'm not convinced it should be that far ahead.

The market is not interested in SAU, which I think still has a lot to do with the aggressive consolidation. Cant change that now.
Kochang is flying. Gubong is advancing, with the hard yards still in front of the team. Jimmy Doughnut reserve delayed. Cowarna? Lake Consols?
So many irons in fires. So little interest. Director on market buying all but dried up too.
I was expecting more upside from Cannon UG, but we have no risk whatsoever, and no outlay. WGX will be bending their backs, to our benefit.
BMV are definitely a great fit. They have a proven history, and have not put a foot wrong. Methodical, clinical operators.
The SK operations will surprise all to the upside, massively. Get Kochang in production asap, which will enable them to clear their front foot at Gubong, and make massive inroads, really quickly. I would think that Colin and his crew would be asking themselves how on earth did little ol' SAU deliver the SK permits into their laps.

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I heard we are getting a new name...Southern Gold Retirement and Lifestyle Village. Zzzzzzzzz

SAU Price at posting: 24.0¢ Sentiment: Hold Disclosure: Held
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