i was looking at a few other gold stocks- producers to get a better feel for AUL potential. i came accross GOR- looks like they srarted out. Like aul- drilling- increasing their reserves. I was surprised to see that they have a very low g/t on their 3 plus million jorc.... they expected to be a tier 1, low cost producer... is ROD going to be a different type of resource to Mcnally/morningstar anyone?imo rod could have a million plus ounces based on tge few drill holes and old workings? i believe current gold is contained on quartz and its obviously good in some areas which is what is mined.
interesting times- its nice to have so many targets in one area. If we can be cash flow positive and make 1 million profit a month on full production it will allow us much more funding to keep drilling and growing our jorc. Market probably wants confirmation of enough economic gold to last a year years and the options to double production...
excuse spelling...just typing away on my phone.
AUL Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held
