AUZ 6.67% 0.7¢ australian mines limited

Hellyeah, Tom and PanthermanMy reading of hardrock's posts is...

  1. 624 Posts.
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    Hellyeah, Tom and Pantherman

    My reading of hardrock's posts is that he is 'in communication' with the "on-the-ground" workers. I see hardrock as honest, to the point and up front.

    We are all lucky that hardrock is prepared to pass on what he hears. Thanks hardrock.

    Hardrocks message is that "Some of the Blair blokes are already seeing what else is around the traps."

    AUZ have ground around Blair that coluld turn up exceptional Nickel intersections. But despite reasonable exploration expenditure AUZ have not been lucky in finding new extensions or new orebodies. It seems the Blair mine was fairly thoroughly worked over by the previous miners.

    If you like to gamble AUZ may be a good punt as it might go a long way north of 1.7c with new resources or an increasing Nickel and Gold price. AUZ is a potential multi-bagger at these prices if new significant resources are announced. AUZ seems to be a very tenacious mining company. But if you are conservative stay away, as AUZ may very well not perform.
    I don't hold but am considering buying AUZ.
 
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