the market doesn't seem to like exploration stocks, even those that have significant finds, when there is no clear path to actual mining.
there are a lot of steps before this.
1) DFS
2) Permitting. this can take forever while the share price languishes.
3) mining
So in Aut's case, what is the timeline from now until the first shipment of gold is sold. although I am heavily invested in this stock, I am starting to re- evaluate those stocks that will not go from explorers to miners in the next few years.
Ann: High-Grade Inferred Gold Resource Grows to 2.8Moz at 7.2g/t, page-75
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