AUC 7.69% 4.2¢ ausgold limited

Ann: Katanning Gold Resource increases to 3.04 million ounces, page-28

  1. 11,371 Posts.
    lightbulb Created with Sketch. 4685
    6c is possible but these sell walls would need to be scooped up, potentially a week to digest this news.. we may have some instos or other gold companies interested to get involved and enter a stake into this one. Li news, unless it’s out of this world won’t change much here, even ASX Li companies have been struggling in recent weeks as global economic conditions continue to deteriorate. You just have to look at inflation picking up again (oil prices on the up which flows down the supply chain), poor job numbers in the USA, news more people in credit debt and living pay check to paycheck, China worries. Gold is going to break out in a big way soon imo. Once the world wakes up to the USA crumbling, the usd will begin to contract and gold will launch!

    https://hotcopper.com.au/data/attachments/5561/5561875-fd3570912a96e489f96dcfa79dd53d4e.jpg

 
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Last
4.2¢
Change
0.003(7.69%)
Mkt cap ! $116.0M
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4.0¢ 4.3¢ 4.0¢ $452.9K 10.96M

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