SAU 4.35% 8.8¢ southern gold limited

Ann: Quarterly Activities Report and 5B to 30 September 2017, page-9

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  1. 2,946 Posts.
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    Glandore results are overdue. I'm hearing there was a change of rigs mid program, due to water drilling. Hopefully they come in soon and excite.

    SK. Trying to keep drilling under the radar for first mover advantage. Others will catch on to the jurisdiction, and hopefully we are that closer to production when they do. Deliberate ploy I think.

    Weolyu. We are chasing narrow veins. grades have to be exceptional for it to be economic, but there is only one way to find out, yeh? Rocks look great so far.

    Access at Gubong is excellent, shouldn't prevent BMV from keeping up progress through the winter. might get a small downing of tools, but nothing unexpected for the festive time of year.

    Cannon UG isn't perceived as a company maker. But at a $12M MC, we are priced at having no decent prospects at all. Huge volume for this stock on Friday. I'm overweight here, but would consider buying more if there's another dump. Great MD, promising projects, excellent strategy. Just stalling for any traction.

    Good luck all
 
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