AUG 12.0% 5.6¢ augustus minerals limited

Ann: Minnie Springs High Grade Cu-Mo Porphyry Targeting, page-3

  1. 30,335 Posts.
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    The lack of response has everything to do with the end of financial year selling and a general impatience and uncertainty in the market.

    Personally I'm intrigued by this Ann and bought in very recently and before the ann.

    My reasons are several:
    - high demand in the Cu outlook, and Mo being associated with Cu finds
    - high prospectivity of this very large tenement
    - talent in the geologists involved plus the consultation process with WA mining department in allocating the grant and
    - careful analysis of the available data and cumulative approach using latest technology and data
    - interesting and well thought out exploration thesis spelled out very well.

    I also bought AZS early and held long term. This went very well. I do love an undervalued or overlooked stock that is misunderstood or the market has timed incorrectly.

    I guess traders have got their agendas but I'd suggest careful reading of this Ann, and research might be rewarding. In fact DYOR is a mantra. It's the only way. IMO
 
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