AUL 0.00% 28.5¢ austar gold limited

Ann: Morning Star Production and Geology Update, page-38

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,412 Posts.
    lightbulb Created with Sketch. 1003
    Boy fakey you are asking for a large dose of schadenfraude should AUL eventually fail.
    Good on AUL for making a monthly 'profit' but the comments from the Lala Landers is as if they are over the line, well on the way to being a mid tier producer in a very short time period.
    A few facts are being ignored like:
    - still mining and producing at approx 3000 oz PER ANNUM.
    - no clear indication of grades and tonnages of any areas of interest.
    - even if that allows a small profit where does cash for MEANINGFUL exploration come from.
    - what happens if/when McNallys is exhausted?
    - how the king keeps stating they have 2 working mines is just plain misleading.
    - JV.?? Need someone with bags and bags of cash. With the history of the tenements who, even at record gold prices, will throw cash at the Woods Point dartboard in the hope of a bonanza find.
    A bonanza where the quest has cost many companies their very existence?
    I could go on and on so enjoy basking in success for a moment but then recognise the reality is that this 'profit' is a very small step on a very long staircase and , imo, AUL are still more likely to fail than not.
    And fakey please note I hold so the mega profits you expect will also flow to me.
 
watchlist Created with Sketch. Add AUL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.