Ann: Ausgold raises $38M to accelerate development of the KGP, page-18

Most of the shares regular people have are the ones that the investors sold to them to exit their positions, hoping that other regular people investors will want to get on board.

The company will create new shares for new, higher level, investors to get on board with and then those investors sell to regular people to exit those positions.

This stock will probably go through another credit raise or enter a finance arrangement to move to production, before that comes along they will consolidate the shares down by lets say 10:1. 33c shares after - hopefully.

That's the point I'll be looking to buy in. Aiming for movement of 33c to about 45c a share as ground starts breaking on site, then between 50c and $1 a share when the mine is built. $1.50 when it's producing results.

We are in the phase where resource companies dissolve themselves. There's a big hurdle to get over before this moves into big boy territory.