Not as I see it .
AUT seems to me thin vein gold which (can be) problematic depending on how far apart the veins are and implies potentially more difficult and less economic mining and/or more dilution .
Ideally would like to see bigger intersections of ore .
Not writing AUT off but at this stage not enough to convince me of good economics and that info NOT being supplied .
If people were convinced the SP & mkt cap would be much higher so if management have the data - put it out there to be seen !
Historical mining had an 8g/t cut-off which would be partly due to poor treatment back then but also partly supports the point I'm making .
I am interested however in any waste stockpiles sitting above ground from previous mining .
A lot of that would've been before CIP and would contain gold .
If AUT owns it and if it wasn't already retreated to recover that gold threre'd be good money in it and it's above ground !
If anyone has any knowledge of tailings here ....
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Open | High | Low | Value | Volume |
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1 | 14094 | $1.29 |
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2 | 13507 | 1.280 |
3 | 41508 | 1.275 |
4 | 15196 | 1.270 |
2 | 11857 | 1.255 |
Price($) | Vol. | No. |
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1.300 | 52484 | 2 |
1.310 | 10070 | 1 |
1.315 | 10000 | 1 |
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