G'day UBull, you said: .and they genuinely believe they have found a major gold deposit..as you say the "imminent" is the grey area..
There is absolutely no evidence of any kind that they have found a major gold deposit, rather, the assay results are poor.
The update has deleted all evidence of visible gold, which no-one believes anyway.
I don't believe anyone at SAU believes that they have found a major gold deposit, but they do hope to (one day)
It is a pity that the regulators aren't harder on this type of ramp by companies-the visible gold bit was really over the top
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