AGC 3.17% 32.5¢ australian gold and copper ltd

Ann: Firm Commitments Received for $11 Million Placement, page-52

  1. 5,642 Posts.
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    Entered at .49 here today around 3pm.

    Thought it ran a little too hot, but the inelastic share price action/recovery said it all today after a strongly discounted placement.

    Couldn't ignore it any longer.

    I like that Hole A3RC032 ended in mineralisation. I like the second part of Hole A3RC030 with 3m @ 19.5% Pb + Zn outside of the 5m @ 16.9 g/t, 1,473 g/t Ag & 15% Pb+Zn from 112m.

    Thirdly, the location of the remaining six holes looks brilliant and hopefully hits strong sulphides.

    Well done to early holders.

    Won't be celebrating just yet as I have entered near the highs.

    Above is not financial advice and my opinion only.


 
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