Ann: AUE expands Boundiali Gold Project exploration ground, page-5

Good morning @arsenic. I agree with you, think some of the money coming out of PDI is going to the perceived less risk of CDI via investment in TCG. Likely those investors have already made a healthy profit in PDI already and are looking to do it again in TCG.
Guinea is a different animal to CDI and the military govt have their own agenda. Not necessarily bad news for investors, but unfortunately they do a poor job of explaining their agenda so as not to panic investors, I guess they are used to doing whatever they wish without backlash.
I think it is overdone, and PDI is probably a good buy today at the lower price.
IAlso think that the TCG market cap is lower than it should be for its current reserve and gold price also, and maybe this is starting to get through.
PDI mc was more than twice that of TCG before yesterday, but they don’t have twice the gold reserve and they are in an inferior political jurisdiction.
as an aside, I worked in Guinea briefly , a long term ago, and it was a poverty stricken dangerous s-hole ( even in the West African context ). The military govt have definitely improved a lot of things for their people.

Getting back to AUE , the topic of this thread, yes we are the poor cousin atm. But Caigen is doing all the right things to advance this project quickly. ATM ,we have 2 separate areas, and Boundiali appears much the superior as of today. Simply we need to find much more gold there to make it commercially irresistible. ATM it is a workmanlike project but not great. Hopefully exploration success can change the equation pretty soon.
Im still a fan of CW and continue to accumulate the AUE options whenever they are weak. I think he will make a mine out of Boundiali , assuming the Chinese don’t google it up first.
Either way, we should make decent money.