Auric is always up to something. That's the nature of gold companies. In just a few years Auric has listed on the ASX and built up a fascinating brace of tenements and moved into mining one of them. Now a second mine is underway which is promising five years of serious cash flow. Its put its hand up for the Lindsay's tenements north of Kalgoorlie and is only a short time away from the potential mining of Parrot Feathers. Plus the desire to always explore and find new gold. To round it out Auric is going to buy a gold mill, which gives it a foot in the door as an integrated gold company. Can't help but think this is the logical way for the company to move forward. I cannot see any other small company with the dynamics Auric has.
AWJ Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held
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