Although it is very early days yet, the excellent exploration results announced yesterday by Ron Mosig's Helix Resources NL appear certain to ignite a South Australian gold rush that will run for at least a decade.

Indeed the explosion in the Helix Resources share price over the past few weeks would appear likely to be the very early stages of a Poseidon-like speculative frenzy, with dozens of smaller exploration stocks pegging claims near the Helix discovery and promoters attempting to ramp share prices on the basis of "the next Helix" spiels.