AUC 5.88% 3.6¢ ausgold limited

Don't wish to burst the bubble, but have a closer look at the...

  1. 349 Posts.
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    Don't wish to burst the bubble, but have a closer look at the results. Take the narrow high grade intervals out and you're left with wide zones of sub economic grades .5 to .9g/t. Then look at the sections and you'll notice their is typically only one hole with a high grade intersection and lot of waste or sub economic grades around it. Lastly mineralisation is flat lying so high strip ratios.

    They need a serious change of scene.
 
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