SBS 0.00% 2.9¢ sub-sahara resources nl

zara results inclusing 10m at 43gt gold, page-51

  1. 5,813 Posts.
    SBS has finally seen some green days. We still need to realise, that SBS has been very heavely sold down from the US mortage crisis.
    But SBS actually improved the Gold resources, which have now the potential from current goldprise to see a revaluation in SBS.

    Koka Gold Deposit
    Sub-Sahara Resources (ASX: SBS) has further defined a "significant" gold deposit at its Koka Gold deposit in Eritrea, East Africa, with the size of the resource increasing to 1.04 million ounces gold from the previously announced 760,000 ounces gold.

    This deposit alone is worth over 900 mill. US Dollars.
 
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Currently unlisted public company.

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