AUL 0.00% 28.5¢ austar gold limited

Ann: WRM: White Rock/AuStar Merger-Results of First Court Hearing, page-80

  1. 7,280 Posts.
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    Raising at 30c is the majority?

    So you are not going back to the 100-1 consolidation which was organised by the same mob when we were told this would not happen......
    After being promised the consolidation would not happen they found a way for it to happen, they tried to take over the A1 down the road, one of the conditions was the 100-1 consolidation, that happened and then the takeover fell through......What a shock....

    The plant is always being upgraded after breakdowns and when they bring in new engineers after engineers to fix and upgrade the plant then next guess what, it still breaks down, this has been common knowledge for years and has NOT got any better, just the promise of....

    Mapping and sampling with high grade targets....WOW haven't heard that before...This ground has been mapped to death, but there is NO economical ground to mine, many have tried and to date ALL have failed MISERABLY.

    IMHO this is all a way of sophs being able to get out and save face with some of the old BoD and Gills connections...This is where 30c comes into play...

    Its common knowledge there is some feed to the plant lying there to be processed and i guess when the merger goes through then the pumping of stock feed results(already stocked waiting for the timing)will hit the market together with rehashed "new target" zones identified, drilling to commence extra and the sophs and close to the pulse will exit....

    There is NO new story here, only newbies that are being sucked in by the discount offered for owning AUL shares before the merger....And now we have new ones here thinking the new oracle of WRM are going to make it work.....

    How many times can the same story be told and bring in new investors to keep this bullshit story going?As long as there's always a carrot to bring them in i suppose indefinitely, this time the story is a discount to WRM, now thats a good angle that was needed to regurge new punters in but the story behind the plant and the ground stay the same........
 
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