AUL 7.25% 32.0¢ austar gold limited

Ann: Production to commence at historic Victorian gold mines, page-154

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  1. 9,999 Posts.
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    "'Now that the geologists have given the go ahead for production I don't hesitate in answering. ' Yet you fail to answer!"

    I thought anyone reading that would understand that the answer is yes. I was mistaken.

    "'World class geologist'. Oh yeah and working for a penny dreadful ASX wannabee."

    Name another with more experience at Woods Point?

    "'applying the average mine grade 25gpt.'/' I didnt realise AUL was hand sorting the rocks before processing as that would be the only way using that figure would be valid."

    Not that far fetched given the 10m long 70gpt through the reef.

    "True width?.?"

    Like I said 0.8m was an estimate taken from a length and angle of another drill through the reef, and I reduced that almost by half to 0.5m to allow for inconsistencies.

    "Maxwells where the drill results were better than for Mc Nallys"

    Go on post the better than 10m at 70gpt through the reef and 0.8m through?

    "The most disturbing thing for me is that they regard this as their best prospect which poings to ROD not looking good at all."

    Don't you read announcements either? "AuStar Gold Limited (ASX: AUL) is to commence production from its historic Morning Star and Roseof Denmark gold mines"

 
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