Remember that AUR owns 166,006 shares in SFR, which nudged $10.00 today.
It would seem that not much exploration money has been spent this quarter so far.
Therefore, the till is not near empty.
So, without more AUROB money, the cash reserves (including convertible-to-cash SFR shares) will keep the company going for some time.
What's going on at HQ? Is BB still there? It seems so! Has the new Board had renewed discussions with SFR? Will the company start drilling on its non-SFR tenements soon? It's eerily quiet on that front!
I am quietly confident that SFR will pierce another DeGrussa, Monty or Horseshoe Lights soon at Morcks Well East. That's the steed that we ride at present.
Ann: SFR: Doolgunna Project Exploration Update, page-35
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