Ann: WRM: White Rock/AuStar Merger-Results of First Court Hearing, page-8

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CatalystDriven

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22/06/21

19:55

Post #: 53999231
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Originally posted by mal230355: ↑

I question your tier 1 rating of the AUL tenements.

Tier 1 deposits are “Company making” mines. They are large, long life and low cost.

The mines in the region, under current company structures and OH&S regimes means the likelihood of finding a tier1 deposit is remote.

Historically none of the mines were a prolific producers on a yearly basis. I mean how many years has Morning star been mined for how any ounces produced. How was the 25g/t produced?

You draw a long bow imo.

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I made no mention of tier 1 deposits, I made mention of the land package and the tier of goldfields it resides in.

AUL Price at posting: 33.0¢ Sentiment: Buy Disclosure: Held
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Ann: WRM: White Rock/AuStar Merger-Results of First Court Hearing, page-8

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