AUL 0.00% 28.5¢ austar gold limited

local mantle mining news, page-18

  1. 3,072 Posts.
    I hope it does go to 10c. I am gratefully helping the accumulators to catch the cheap stock falling from this very fruitful looking tree.

    the thing that makes buying at these levels easy is that MNM's current $25 million market cap is MORE than justified by its other silver, gold (200 000 jorc ounces, 5x that in prospect at Haunted Stream), black coal, phosphate and uranium holdings.

    the 50/50 JV with exergen may well be shown to be worth $0, as the current SP implies. But it may also be shown to be worth hundreds of millions to the MNM MC over the next 30 years.

    once in a decade buying opp here IMHO.
 
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