SXG 1.60% $2.54 southern cross gold ltd

Ann: Manuka Silver Project acquired, Recapitalisation completed, page-3

  1. 112 Posts.
    Out of brief hibernation because this needs a response Andrew. Wonawinta resource far from proven_ what exactly do you mean? Is there not a JORC compliant reserve and resource? And is it not of the order of 9 mill and 60 mill oz of silver respectively? And is the reason it's not larger than this perhaps due to CCU's lack of funds for further exploration? As for sulphur content, I did read of this as being an issue in one CCU report. It's one of the operational/metallurgical issues the new owners need to address, along with a new ball mill. Is it a game breaker? Might be wrong, but prepared to back the SXG (PLY) team's track record. Remains highly undervalued in my humble view.
 
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