AUL 0.00% 28.5¢ austar gold limited

Well, well well We hear the MNM is about to merge with another...

  1. 4,255 Posts.
    lightbulb Created with Sketch. 64
    Well, well well

    We hear the MNM is about to merge with another company who has about 16 Million cash.....
    We are going to be mining Norton in the near future.
    We are finalizing the purchase of Morningstar ATM, we should get news soon

    Lets look at the Australian gold price:
    http://goldprice.org/gold-price-australia.html

    I am not a Technical trader but looks like Australian gold has been on an uptrend for many years....
    Yes, Gold may not look the greatest in American dollars over the last few years BUT we are mining in Australia so all we care about is Australian gold price.......

    We have had our ups and down but IF gold continues higher and IK can deliver and start mining, generating cash flow we could be looking very very good.......

    Out of all the commodities out there I think Aus gold producers could be in the best position atm.....

    anyways, happy Australia day.

    I look fwd to more news and some confirmation, cash flow, more drilling and long term plans now that we are getting some cash to play with.

    I sure hope our merger partners have some contacts and this share finally gets some attention and maybe with some luck we reach a 50 million MC this year and get some institutions wanting in

    dyor
 
watchlist Created with Sketch. Add AUL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.