AUJ augustus minerals limited

Hi all,This stock has so much upside that it is borderline...

  1. 125 Posts.
    Hi all,

    This stock has so much upside that it is borderline ridiculous! The SP could be well into the dollars with any reasonable results come drill time. Arkie has already done some figures on MC etc in a previous post as have I, so I won't bore you with those details again, however I believe there is definitely a way to play the AUJ game and make good money.

    I apologise for posting this to those who are yet to get their fill, but imo there are two ways in particular to make great money on this share...

    1. Quite simply buy the options, even at 20c or 22c, at the moment, they are good value. By rights, when the heads are at 55c (25% increase from current SP), the options should be trading at around 30c which is a 250% increase from current options price!! Its still a 50% increase from an option price of 20c!! They are hard to get your hands on, o just get as many as you can!

    2. Hold the heads and name your price. Someone imo was a little silly selling on the close into 44c. It must have been purpose driven for some reason imo, although in saying that, it wasn't a large some of money. If you want to play it slightly safer and hold heads as opposed to options, then pick a point you want to sell and put up your sell order. Don't sell into the buy side because I am very confident that the bid is going to go higher and higher....remember, VERY FEW shares on market means tight registry which in turn means quick advances... Make them pay your price, not vice-versa.

    Buy in and hold tight on this one and be rewarded....

    T-JAM
 
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