lol you're as bad as Rumple, this stock is not flying ....yet. Im really surprised it dropped back down to .8c. Should never have happened if the market was properly informed.
Seems to me people havent done any due diligence, by comparing it to other gold producers. All that needs to happen is for the grades out of the Stacpoole zone to shape up as they were reported in early 2017 Anns, and to get a reasonable amount of production going, and this thing will re rate like crazy.
For eg
DRM produce 110K ozs per year, MC of $118m
BDR produce 130K ozs per year, MC of $130m
BLK produce 240K* ozs per year, MC of $90m (* projected first year)
AUL current MC 16m . All it has to produce is a lousy 50K oz per year and we should re rate to a MC of 50m? Theres a 2 bagger. Or 100K ozs per year, then a 4 bagger.
And if Stacpoole doesnt come good, we know Rose of dDnmark has exceptional grades. Has to be a money spinner one way or another.
Ive backed up my Tonka truck for a small load.
AUL Price at posting:
0.9¢ Sentiment: None Disclosure: Not Held
