AUL 0.00% 28.5¢ austar gold limited

Ann: AuStar Gold to be acquired by White Rock Minerals, page-76

  1. 7,276 Posts.
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    Having to more than double for most peoples break even then they had better start kicking more than 1 goal.....

    Waiting to make money here and achieving a good return is already starting from 50% average for most...Will it make money for long termers imho NO, but the ever faithful that are ever so forgiving on failed hired help and no profit for a company that was supposed to be turned around long ago now had to be swallowed up by another entity..

    What makes people think they will make it work.....?Just because they have more money does not mean they will find expressible profitable gold from the ground...

    Reading some of the posts over on the WRM thread they are spruiking """"WRM is now a PRODUCER"" , i nearly fell over because they are now starting to rehash AUL first conception of being a producer with our own plant...lol


    They will feed the mine with the massive stockpile that was left by AUL and NO doubt spruik a massive month(with more to come), how many will leave on the pump? How good will the pump be and how many new holders will turn into long suffering holders again??????

    AUL is a dog, WRM have just land banked for more pumps in the future when AUL will be forgotten and rehashed under the new entity....
 
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