AUL 7.25% 32.0¢ austar gold limited

Ann: Drill Update Reef Extensions Confirmed McNally's RemainsOpen, page-71

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  1. 15 Posts.
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    I would suggest if someone does not have confidence in AUL and owns shares in it, then that would sell them instead of holding on to them. As for the lack of trading today I have been wait from the people that have no confident and/or did not understand that this investment was a long term one to run out. I thing the long term investment has just reached the turning point. We will hopefully see the follow behavior from AUL over the next 6 months;

    1. Single shift and week on week off processing while they fine tune the processing plant. This will cover the businesses expenses while they develop the Morningstar and ROD mines instead or diluting the shares by refinancing. During this period they should also extend the runway (amount of feed available).
    2. Next they will move to double shift and/or 365 processing. At the same time they will continue identify the additional profitable areas in the Morningstar and ROD mines which will extend the runway for the processing plant. We want the runway to be extended to years but we don't want to exceed more than 5 years. The third mines development will become a higher priority and the finance information for AUL will start to improve lowering the risk for investor. I will make it attractive to new investors as a result.

    These people are clearly talented geologist and they have 32 assets on the books to continue developing the runway. The question is how far push the life of the Morningstar and ROD mines and how far can they upgrade the processing planets output and when will it happen?
 
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