It will be interesting to see the market reaction should we obtain the Permit To Develop Gubong this week. I am hoping we at least receive positive feedback this week as we will hit the 40 day mark. Once we do receive the permit I expect the joint venture created for the development with Bluebird will secure funding for the project.
I must say It’s difficult to stay positive when your investment is down 40% but I personally don’t see why you would as a share holder be so negative about a stock you own. I would of thought all shareholders would want to assist share appreciation by communicating the positives of the company. We all know we are in a highly speculative company the potential for a multi bagger is as real as it is to go the other way especially with such a tight register.
With the potential to be mining in 12-18 months in South Korea is massive and has been under estimated by Market IMO. Now before I get to excited let’s wait and see how things progress over the next few months. I for one intend on sticking with the company. Good luck to all shareholders. Cheers
SAU Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
