AUL 0.00% 28.5¢ austar gold limited

IK is going to have to pull a rabbit out of the hat if he is...

  1. 302 Posts.
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    IK is going to have to pull a rabbit out of the hat if he is going to do something to arrest the slide in the SP. Whatever this TH is for, I hope it is to address this problem because the way things are at the moment, I cannot see anybody pitching in for another CR. in fact if shareholders were like me they would have been selling off MNM shares over the past 6 months or so because there has been no reason to hang in when there have been other opportunities out there to make some money.

    We can only hope that this TH is for something worthwhile - like some sort of involvement with Exergen for example or otherwise I can see the SP languishing around these levels for quite sometime. If the TH is something to do with Norton then there will probably be a flurry of activity for a short period of time and then probably retrace until they start actually producing some gold.

    Maybe the acquisition is for a vault or fortress to store all the money that Calcifer owe us !
 
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