AUC 2.78% 3.5¢ ausgold limited

2.4cents, page-22

  1. 11,097 Posts.
    lightbulb Created with Sketch. 4578
    yeah exactly once all the mid to large cap Goldie’s in Australia see a 3-4moz gold deposit on market, I doubt they are going to let it slip for 5c lol. There will be some sort of bidding war. These deposits don’t come around too often in Australia and they take a while to prove up. Every company needs additional ounces at the current near record aud gold prices.
    It’s a no brainer to be accumulating at these share price levels Imo. 5x future return a guarantee imo. It just depends how many are happy to hold long, who knows how much longer these selling games are going to continue. Surely the show is up soon, must be starting to run dry.
    Last edited by coto: 27/02/24
 
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