AUL 0.00% 28.5¢ austar gold limited

update announcement, page-15

  1. 1,506 Posts.
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    good post mate, im starting to like hard man the realist, or is that real man being hard.

    for what its worth my opinion is this market has put the pressure on to get things going asap.

    im banking on exergen not wanting to let go of bachus marsh, after all hasnt this whole mnm exercise been about getting brown coal for exergen.
    maybe they were wanting to wait for drill results from bachus marsh, but have decided to step in early, if mnm cr fails there would be more delays,so step in and keep bachus marsh on track..
    dont know just thinking out loud.

    if we can resolve this endless court case with calcifier and or sign up exergen everyone will be stepping over each other to get in, so what does one do.

    getting in early you will be rewarded, or get in after anns and pay a premium with less risk.

    im all in, this is a spec and i believe in this co. so the decision is easy for me, each to there own i guess.
    theres no right or wrong just your risk threshold.

    would rather pay 9c now then 15c later.

    but who knows in these markets conditions all logic and value gets thrown out the window.

    any gold strikes would be a huge bonus on top of what we already have.


 
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