very positive news............SOI controls 100% a strike length of 30 km of favourable contact which contains 2 areas of gold mineralization. This is just the tip of he iceberg as SOI continues to explore the property. Keep in mind that this is the SAME HORIZON that the main Eleonore deposit and the Eleonore South JT zone is located along. While many companies rushed to stake *close proximity* properties after the Eleonore find, SOI acquired the favourable contact PRIOR to Virginia's announcement.
Investors don't realize this as SOI stock has languished below 20 cents for some time now. The company doesn't promote their properties as well as other companies and this has caused a lack of awareness as well. Once ER announces some success in drilling at JT, investors will wake up to the fact that the best geology is held by SOI for added discoveries along this geological contact. Wouldn't be a bit surprised we see a JV with Goldcorp soon on Kukames on terms that SOI will be happy with - they are in no hurry to give this property away.
The winner of the bidding war for Kukames will also benefit from the JT showing which clearly extends onto the SOI/GZZ joint venture (Cheechoo B).
Can't see any roadblocks to a share price of 80 cents or better within 3 months now.
Happy days ahead!