Calm down. 3,600 sq km of ground with lots of historic data and IMO, potential for discoveries in many different minerals. First drilling - 78 holes over 6 different locations. This is like 6 explorers rolled into one.
This is going to take a lot of time and money to get through (still $5.75M in the bank). No instant gratification here. Yes, it would have been great to pull off a Chalice in the first round, but that is as rare as rocking horse shit.
Don't think the MD controls the fickle share market, do you? If the SP goes much lower the market cap will be at the cash balance. Opportunity?
AUG Price at posting:
6.2¢ Sentiment: Buy Disclosure: Held
