Its the eternal cynic in me :-)Not sure what the go is here, in...

Its the eternal cynic in me :-)

Not sure what the go is here, in the past AUK tended to move down on lack of news but this is holding up well.
Also the current drill results DO NOT prove up a huge resource yet - sub 20M tonnes so far IMHO.
But they are a HEAP of targets in the area and the gold grades are not bad at all.


long list of possibilities for the current action!!!

- being held up for a another raising(but retail holders this time)
- lots of info to sort through/prepare as they may have results from Jampang/W'giri epithermal and porphyry targets.
- JV negotiations
- takeover
- Norm's chucking in a curve ball to try and shake out the traders who dump into the regular news cycle.
- TA who are just buying based on what the chart says.
- potential of the areas is keeping people very interested and they holding on tight
- its a pretty illiquid stock.