Someone posted a photo of a large plain with a car in the foreground where one company had drilled and found nothing so they left. No resources here. Another company came along and drilled a couple of hundred metres away and struck a major resource. So just because one company (or maybe even two) can't be successful it doesn't mean another company can't come in with fresh eyes, a fresh approach and be successful.
Personally that's what I see happening with AUL. They seem to have done their due diligence with new technology so that's why I've invested my money. But it's a gamble, any penny stock at 1 cent is a gamble. I'm hoping my gamble pays off otherwise I'll be looking to invest in a company that repairs ripped butt holes.
AUL Price at posting:
0.9¢ Sentiment: Hold Disclosure: Held