Fosterville South has caught the attention of many gold bugs and resource speculators. How could it not, with a name that evokes one of the richest operating gold mines in the world? But it takes more than being close to the Fosterville gold mine to make for a compelling speculation, and now the company has started drilling into high grade gold on one of its projects. Is this enough to justify a C$300 million market valuation? And what are the odds of more good news ahead? That's what an independent speculator wants to know...