AUL 7.25% 32.0¢ austar gold limited

Ann: Drilling Update at Morning Star Gold Mine, page-35

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  1. 5,584 Posts.
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    "I have a horrible feeling that some day soon, they will release an Ann. saying,

    "can't be profitably mined, looking at further (targets)""

    It would not be so bad if they did that. Better then going mining a marginal structure and ending in receivership.
    Management have failed twice with uneconomic trial mining campaigns. They couldn't even make $$ from the cherry picked easy mining  tonnes out of the RoD adit roof.



 
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