au mining after a controlling stake in atv ?, page-5

Hi Hassellini

impossible to know AU Mining timeline but while gold is not doing a lot they will probably accumulate quietly for the next 2 months or so, unless the gold price takes off much sooner than that in which case they may get more aggressive.

Nobody else appears to be buying ATV aggressively so they have no competition at the moment and can move at a slower pace and pick up shares a bit cheaper than if they had some serious competition.

It is a bit crazy for the share price to be selling at these levels but market sentiment on the ASX isn't that good so weak hands will sell as the need arises.

Personally I think now is the perfect time to be accumulating a decent position in ATV whilst the market is in a ho hum mood.