AUL 0.00% 28.5¢ austar gold limited

Massive exploration upside, page-12

  1. 11,416 Posts.
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    "That is a 9 year old promotional report, what is going to be different this time?"

    Different to what? AUL as yet have not acted on the contents in the report. Their first priority was to look for easily accessed ore and get the processing plant to work.

    "Why they did AUL even trial mine Stacpoole and ROD or mine McNally's?"

    They are mining McNallys, probably profitably, we will see soon.

    "They went mining on hope without a reserve.

    I dont know how many times this has been said, but for your benefit I will irritate. With these style of deposits it is often not cost effective to drill to reserve status, it is better to drill to indicate were the gold is and the grade and follow the veining.

    "Have to be crazy to trust them or believe what they say. Especially the consultant?"

    This report has mostly come from historical mining data, pretty objective stuff.


    Last edited by vertigo: 24/01/20
 
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