AAU 16.7% 0.4¢ antilles gold limited

Ann: Drilling Confirms Copper Mineralisation at El Pilar, Cuba, page-53

  1. 1,525 Posts.
    lightbulb Created with Sketch. 1583
    Yep I'm still here. Still in the T20.

    Very strange price action today - to go up to 5.6c and then be sold back down to mid 3c is incredible given the news... but it is looking like some stale/frustrated holders took the opportunity to exit on the volume.

    This is quite a frustrating company to be a holder of... many very nice projects that more or less are development ready... just need funding. Not really any technical/exploration risks remaining for them to become a miner.

    LD is just about good to go, needs funding.

    The El Pilar Oxide cap seems to be good to go, needs funding.

    Antonio mine is good to go (already been mined in the past), needs funding.

    They basically have a portfolio of brownfiled projects, with El Pilar porphyry really being the only wildcard with big big upside.

    it is an interesting company since exploration risk is minimal.... it is not like they are picking up new acreage and going out exploring. Most of this stuff has a lot of histroical data so you know what you have (unfortunately not to JORC standards though).

    Just need to get LD off the ground and generating cash... then the rest can follow.

 
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