AUL 0.00% 28.5¢ austar gold limited

I am doing a small IQ test----LETS LOOK AT THE AU GOLD PRICE...

  1. 4,255 Posts.
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    I am doing a small IQ test----LETS LOOK AT THE AU GOLD PRICE CHART FOR THE LAST 15 YEARS.

    Lets see who can answer these questions

    Question 1- Is gold price trending up or down?
    Question 2- If the gold price is higher is that good for AU?
    Question 3- For the AU gold miners mining gold in 2006- Would they have preferred the current Gold Price?
    Question 4- Lets say the AUL has a ASIC of below $2000- As the gold price goes up they become more profitable?
    Question 5- If you have hundreds of miles of highly productive land with some good gold targets- Could AUL have much more gold than we know of right now?
    Question 6- If AUL can be cash flow positive and drill more- Could we be on the cusp of many more deposits being found and mined?
    AUL already has a working mine so need to borrow money to build a mine. Is this good?

    Could the gold price go down or stay flat or go up?
    https://hotcopper.com.au/data/attachments/2038/2038859-4f16b8863fd60153179e91757c42e4df.jpg

 
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