AUN 11.1% 4.0¢ aurumin limited

Ann: Mt Palmer RC Drilling Assays Returned, page-17

  1. 2,442 Posts.
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    I understand where you are coming from -- we all are aware that drill results from MT Palmer are not as hoped for, but it is early days so I don't see the need to post about how the announcement is not price sensitive or about how investors are keeping mum because of some book.
    As it turns out, the announcement was not price sensitive, it had been bid a bit high just before release so has settled about where it should be until next results.
    And I seriously doubt whether anyone in their right mind would base their trading/ investing on the outcome of a book yet to be written.

    I am not sure that admin and staff fees are higher at AUN either -- I think we have a dedicated team who are going to add shareholder value and it is only prudent to allow them a chance before rushing in with doom and gloom thinking.
    Thats just my own style though , I have learnt that patience is the key to investing in small caps, some are going to find out for themselves the hard way no doubt.
 
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