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.
SBS Price at posting:
1.9¢ Sentiment: LT Buy Disclosure: Held
