Started a position in SA as a hold for long term. Used SA as a trade in previous years waiting for the appropriate moment to hold long. It's been a long slog bringing the KSM project to the point of applying for a a change in EAC to life of the mine. I believe it's the only road block holding up a partnership to begin the process of building out and opening operations. On paper KSM is a very profitable mining operation; largest undeveloped gold and 3rd largest undeveloped copper mine. Of course there is a possibility the application won't be accepted, but the substantial improvements SA has made, the benefit to the economy and the timing, considering the need for new copper mines makes KSM very doable. It also helps that the mine is in a very mining friendly country.
If you work hard and have a skill set to match success and wealth is yours for the taking
