AUC 2.04% 50.0¢ ausgold limited

Ann: Becoming a substantial holder, page-17

  1. 4,766 Posts.
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    Red Hill is a separate 100% owned (large scale) vanadium project that is located northwest of Katanning. AUC has secured EIS funding to complete a drilling program seeking PGE's. We are very significantly underpriced at 4 cents. IMHO we are aiming at +2.0M ounces at Katanning by end of this calendar year. At a grade of 1.25 g/t au or better?

    Lots of ongoing drilling data is in the pipeline. AUC is my favorite golden puppy for maximum price appreciation. Good luck to all longs.
 
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