AUC
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0.00% 3.5¢ ausgold limited

Under NEW Management, page-9

  1. captainfeathersword
    403 Posts.
    lightbulb Created with Sketch. 25
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    15/02/18
    17:37
    Post #: 31085932
    I can see AUC adding plenty of cheap near surface ounces to their resource very quickly. No need to drill deep with all shallow mineralisation identified along strike by the aircore and RAB holes. IMO 1MOz will be passed easily seeing they already have 780kOz. It's beyond that that I'm in this for. 1.5MOz looks very reasonable and 2MOz looks possible at some point. With those kind of ounces, this could advance to a mine.
    AUC Price at posting: 5.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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