AUL 0.00% 28.5¢ austar gold limited

notrton geo database, page-16

  1. 683 Posts.
    Anyone who has been following this company for along time will remember the infamous phosphate results debacle,where mnm announced to the market that it had found the worlds biggest highest grade most awesome phosphate deposit,and the shareprice went up to 50cents,only then for mnm to "discover"that they had made a "calibration error",and there was no phospate at all,and the share price tanked back to a few cents.They used the spike to raise capital though.Director Blakemans other co NRU,also had a clanger,when they announced that thier coal samples had become "frozen"and couldnt be tested.A huge sell off followed as insiders got out,and eventually coal samples from the site were retested,and shockingly, was found to be utter rubbish,and full of ash and good for nothing.And these are only a small portion of the crap that this management has dished out over the years.Anyone notice a pattern emerging here?Yet still the usual suspects on this thread will live in denial.If you have bought in under 5cents,you can still probably get out of this dog with a few grand left to reinvest elsewhere,those who paid over 10c,have lost most of their dough,so mite as well hold and pray for a miracle.what a total clown show this company is.
 
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Currently unlisted public company.

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