AUL 7.25% 32.0¢ austar gold limited

Ann: Update on Trial Mining at the Morning Star Gold Mine, page-34

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  1. 5,584 Posts.
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    "Gravity gold processing plant reporting a low gold tails grade of between 0.5 to 0.7 g/t. PROBABLY ON OF THE BEST RESULTS FOR THAT TYPE OF PLANT AUSTRALIA WIDE. "

    Those number are a big chunk of the the head grade. What's with the 1.5g/t to 3g/t range, just hiding how bad the average grade was that will never be announced along with how much gold was produce from the 520t. Got to wonder if they'll find anyone to throw more $$ at this, maybe Magna 0.02-0.4, but probably time to recapitalize and 100:1 the shares.
 
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