I just had a quick couple of questions around AUC. I used to be invested early on in my brief investing career though sold out to put money else where. You can see from my signature where I'm most heavily invested. I'm going to get back into this company and MDI as well as I like what both orgs are doing. What I don't understand is why the two companies are sitting at only circa $50M market cap with the size of their proven resources, ongoing drilling campaigns, funding, proximity to infrastructure and the fact they are both here in Oz. Obviously I hold shares in a company in Chile which I would have thought would have less of a run than what is happening here with AUC. Is it the age/history of the company that has made potential investors tired or weary? Is it the cost of getting the gold out of the ground? From what I can see they seem like very good investment opportunities and like I say, I've decided to get in but I'm just really keen to hear other people's thoughts on AUC. BTW, a big thanks to all posters but particularly sydneysider for your work - great stuff to read.
AUC Price at posting:
4.0¢ Sentiment: Buy Disclosure: Not Held
