AUC 0.98% 51.5¢ ausgold limited

EV $123.2M @ $80oz for 1.25 g/t au, page-4

  1. 4,770 Posts.
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    Add an additional 5,000m of drilling currently underway to the 6,000m awaiting assays for a total of 11,000m. So we should get a very significant amount of news flow. Some of this drilling is into Dingo and Rifle Range which very significantly expands the resource potential. Still hold to my conceptual upside of 3-5M gold ounces at KGP. This is a 12 month hold. IMHO with folks like Dundee backing AUC, funding will not be an issue. Good luck to all longs
 
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