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AUL

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7.25%

32.0¢ austar gold limited

Hi Mattye I appreciate your conviction and like reading your...

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563 Posts.

65

12/08/18

10:25

Post #: 34881564
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Originally posted by mattyedw ↑

There is no doubt we have some experts amongst us on the history of Woods point(and surrounding ares)and the old company and it is ALL good to read whether be negative or positive and i for one am grateful....

Investing in this company right now for me at least is not only for the brilliant management team we have, the owning of a working plant, ownership of RoD, $30m tax benefit so on and so on(we all know these plus's )

I not only invest in small caps because of their bright potential or BoD spinning a good tale(most do and normal at this end of town)i look at the why's, how's and money down...

So all the back and forth with what the mine has got and has'nt got is really not that important to me because the story and recoverable's is only part of why i invested....

At this end of town we know over 90% of stocks fall over or get diluted and holders shares become worthless, but before they do the company usually spikes multiple times through its life span.......

I have looked very deep into this company and have made some very good contacts by doing so and imho we are sitting on great value for a rate of return.....

OK, so when i looked into AUL and put my money in, i didnt just read the story portrayed by management(although they have done a fantastic job)because they will ALL spruik to some point on what they think they can achieve, i looked in who put their money in.....
This was the biggest pointer, in the top 40 there are a group of investors very close to the action, CEO's and directors of other stocks putting in nearly a billion shares and a couple working in the same company and one even has a gold company that recently 10x'ed over a 3 month period, they share the same office with major sh's and all this done at an average of 1.1c.

I know these guys very well(you all should if you have invested)and they do NOT leave a cent behind, they are in the business of making money.

As i have alluded to before, the raising was always going to happen and imho it was always prearranged, 2 things, it gave the top 20 a chance to average down and also close allies to come in and enjoy the ride..

This plan has been in the making for over 2 years, there has been no stone unturned in the planning of what is going to happen..

So regardless of whether you think the next BONANZA find will come or the mines are old and empty, the true value of this company right now is the connections it has and the people backing it, because as sure as day turns to night the money invested @0.0045 will multibag and make people a lot of money...

The value of where this price can get too on the strength of the team involved(the team behind the scenes that are connected to the money) is all one really needs to know and have your investment strategy in place to take some green off the table..
Making money doesnt always come down to finding all the gold but some for now would do wonders......

If you cannot see the value in this stock besides arguing whether theres enough gold or not then penny stocks are not for you

Very exciting times ahead

Good luck to all

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Hi Mattye
I appreciate your conviction and like reading your posts.
However we are at opposite ends of the spectrum in that, as a miner, I want to see my returns come from mining minerals rather than some smart investors mining their fellow shareholders. I know it happens and is rife in the mining sector, particularly in gold - from the face to the boardroom!
I’m not trying to be holier than thou but detest the blatant rampers (I think I have mentioned this previously).

AUL Price at posting: 0.6¢ Sentiment: None Disclosure: Not Held
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