AUL 7.25% 32.0¢ austar gold limited

I'm still chipping away, 500k shares at a time. I understand the...

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    I'm still chipping away, 500k shares at a time.

    I understand the risk but at the same time take comfort from whether I personally believe it can be mined - any mining exploration/almost theres I look at, it is my overarching question, closely followed by whether it can by mined profitably or not. Personal preference is to take some off the table as the job progresses (from proof of mining to proof of profitability), but always starts with the 1st question I ask myself. To me these guys having everything ready to go is a massive advantage (and I assume well controlled by geos) - if they were looking money to drill more & build a mill etc I would unfortunately find it too risky because of the costs and dilution, but that is why some SPs are fractions of a cent - big risk, big volatility, potentially big reward if you have managed to avoid 1 of the many financial landmine micro explorers who chew through bi-annual cap raises while promising the world.

    My sentiment isn't going to change on AUL unless they can't manage to mine safely.
 
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