Ann: Underground Phase of Cannon Gold Mine to Proceed, page-8

Binwood,

You are on the mark there, I watch SAU every day, but have a real problem taking a punt due to to the small amount of shares and relatively high SP. Recepiet for initial major losses when the almost guaranteed issues that juniors hit crop up and the guaranteed CRs.

I do like the SK tenenements, that does look like fertile territory and having lived in SK for years and having extended family there I think I have a good handle of the pros and cons. Some would be surprised that modern Koreans would view "mining" as a low class profession and there is probably little interest in local exploration or development, leaving potential highly valuable deposits unexplored.
And another thing to remember is how built up SK is - even in the countryside you may find your orebodies extending under shopping malls, "suburbia", highways or even train stations.

I might just have to bite the bullet at some point.