It seems to me not many investors know a good thing when they see it. AUM put out a report a couple of weeks ago on a property they own with huge copper intersections of drilling on Flamingo leases. The drilling was one by Mt Isa Mines and with 40 metre wide intersections of 1.35% copper would send most stocks soaring, obviously no one understands how significant the results are.
It appears every time a good announcement comes out of AUM selling some is and restricts the price going up.
The Flamingo results are massive and could be huge. I am not a geologist but I see intersections one tenth the size and half the grade send sticks soaring.
Any feedback.
AUM Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
