Institutional Pros Swarming SAUHow does 1.4 billion lbs of copper strike you? Especially for a stock building a base near a 52 wk low. The primary project is Kakanda which has 495 million lbs indicated in tailings and over 800 inferred in rock. This is a massive deposit.
Sau is currently negotiating with the state owned mining company to assume a greater interest in the property. Currently they have 51%, but would like 80%
I've been watching some institutional buying lately and expecting more soon. It seems the risk/reward has hit acceptable levels.