AUZ 0.00% 1.0¢ australian mines limited

re: buy side looking thin

  1. 1,493 Posts.
    This is a ramp if it is followed by a lol. I reckon.

    I think that AUZ could move unpredictable. Serious. lol.

    It could suddenly take off. A bunch of masterly know-it-alls (re mineralisation and geology of the south Australian crouton---geophysics terminology, meaning a place of mineralisation….I’m joking) who have a sense of certainty (or greater certainty) about AUZ’s core samples than we mere mortals. They might be about to pounce, once they perceive that we mere mortals have bent over backwards as far as we can go and refuse to SELL, until we get the official minerals results.

    Or it might take off because someone(s) is playing a game with the sp. to trick idi-ots, no, numskulls into buying high. Usually in the mornings.

    So of course we fools drifting on a large ocean, will not know exactly what is happening when the sp. for AUZ changes rapidly (prior to a results announcement, which presumably will be preceded by a trading halt).

    So the bottom line is……anything can happen within I’d predict, a range of say $0.05 and $0.12 prior to an announcement.

    But the good news is, you can’t take either your wealth or debts with you when you die. Meaning you will be set free of all this speculation and in particular, WAITING WAITING WAITING…..for exploration results.

    But of course we have to consider what the sp. will be if it is announced that AUZ have discovered mineralisation as good as or better than Olympic Dam, or even better. Preferably better because it would be so funny to think AUZ could have a mine that will be so much more profitable than BHP’s O.Dam. But then I’m just raving bloody ramping!
 
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57 15499375 1.0¢
 

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1.1¢ 2465173 8
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Last trade - 16.10pm 26/04/2024 (20 minute delay) ?
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