Sovereign Gold

Discussion in 'Stocks & Derivatives' started by Contrarian, Mar 5, 2011.

  1. Contrarian

    Contrarian New Member

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    Just wondering what opinions are of Sovereign Gold (SOC). Exploring the old Rocky River/ Uralla NSW goldfields in the belief that the main lode in the area may still be present.

    Just released some encouraging initial drilling results.

    Anyone looked into them?


    C
     
  2. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    The reason the creeks and rivers were dry in NSW for so long isn't because of the drought, but because of all the holes drilled in the countryside through there over the years. The place leaks like a sieve it's had so many exploration holes drilled in it. :D

    I wouldn't hold my breath that these guys have found anything new.
     
  3. Contrarian

    Contrarian New Member

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    Maybe not. I wouldn't know a good drilling result from a bad one so not sure how positive it is. Was hoping our resident PM stock expert might cast his eye over them.

    While the area they are concentrating on would have been explored in the past it wouldn't be considered part of the main original goldfield.


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  4. Contrarian

    Contrarian New Member

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    Who else would I be talking about!

    Might keep an eye on them for a while and see what eventuates.


    C
     

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