AUR 0.00% 0.7¢ auris minerals limited

He? MF? General Mining? How many bags would that have been? WGX...

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  1. 11,557 Posts.
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    He? MF?

    General Mining? How many bags would that have been?

    WGX is 100% gold. It has the gold rights in respect of this lot of drilling. Initially a complete MLX did, but with the demerger they passed to WGX and PC went with WGX.

    So, WGX is already connected with AUR in a business sense and holds 5m shares in exchange for selling Chunderloo to AUR. It might want it back too if the drilling there hits a new big gold zone.

    WGX could add a copper circuit to Fortnum but as it is 100% gold it probably won't. That therefore puts H Lights in the spotlight should AUR find minable copper, although Chunderloo = a mining lases or 2, so .....

    MLX, the base metals company, could be key party here. I have opined that before a few times here as a competitor to SFR. Now that Nifty is a goer, it might want to sniff more copper out in different WA area, and what better place than the Bryah. has it got behind Bill Richmond in his gazumping of SFR at THX's Red Bore so as to thwart a mean Karl S.

    A certain horse's mouth told me a couple of year ago that SFR tried to buy the Taurus debt so as to hopefully sink RNI and then swallow its tenements. Have you heard that one bm? You seem to be a stable hand!

    Anyway, this corporate talks distracts from the TH news. The assays could change the scene for all concerned. The top 20+ shareholders are anything but weakies.
 
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