Fair value market cap analysis?, page-40

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HotRods65

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29/06/18

13:10

Post #: 34038066
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Originally posted by sisyphus.climb ↑

All good, I play the same role over in the CAN threads and it's incredibly frustrating. Medical Cannabis attracts many low quality investors with little or no financial experience and the comments there frequently cross into the completely absurd (a couple weeks ago one user was touting a $20.20 SP target which would value CAN at almost $3 billion). Appreciate the apology anyway.

You mentioned AUL's low cash position earlier and I couldn't find much up-to-date info, but this morning's update on the recent non-core asset sale says their cash position is over $1 million. I have no experience in mining operations or the costs associated (though I'm learning), but I do have experience in exploration and $1 million could fund a fairly significant drilling program to establish resources and push the SP up for a good CR. Do you mind giving your thoughts? I'm still building a complete picture of AUL and I'm still a long way off my planned position, so anything you can tell me or point me to on their specific situation would help me adjust my strategy. I admit, I'm relying more on exploration investing strategy currently, and I'm sure there are important differences here I'm not aware of.

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" says their cash position is over $1 million"

Cannabis and AUL what a combo .

AUL Price at posting: 0.7¢ Sentiment: None Disclosure: Not Held
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Fair value market cap analysis?, page-40

Top Stories

Tyranna wraps up lithium drilling in Angola; says looking for other projects with different metals

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

Cyclone signs MOU with Vale for development of Iron Bear play

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

Recce scores $6.75M R&D rebate

Auric sniffs gold up to 12.1g/t through drilling at Spargoville prospects

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain