AUJ augustus minerals limited
Add to My Watchlist 0.00% ! 36.5¢

the risk/reward was compelling - i'm in

  1. marksman
    1,116 Posts.
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    10/08/10
    20:04
    Post #: 7004515
    Picked up some today at 17c.
    Drill delays occur all the time - the big panic sell off today was way over the top.
    The estimate from management in their investor presentation for the current drilling is if they strike oil at the inital target AUJ will be worth 50c plus! If they strike oil at the secondary target AUJ will be worth over $1.50!!!
    Cash and liquid investment backing per share is 15c.
    Unbelievable potential reward for minimal risk.
    AUJ Price at posting: 19.5¢ Sentiment: ST Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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