Ann: Trading Halt, page-15

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M2HB

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02/02/19

20:53

Post #: 37311221
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Originally posted by Shady Merv ↑

Originally posted by brain $torm
The lack of interest in this stock is concerning. Thought an announcement like this would have people bursting at the seems. I guess we will wait and see what come up. What are your thoughts of a positive outcome for once shady?

Chers B$
Many holders of shares in explorers are out of confidence. AUR is no different.

Trump and USA self-interest trade policies, a probable change of Government at the federal level and the prospect of a 'fairer' tax system (changes to CGT, franking credits, superannuation etc taking wealth away from the spenders) plus some other factors have played havoc with the market.

When good results from explorers meet with little or no interest it's a sign that things are crook.

I get the vibe though that things might be changing. Once the signs of change are there, then the bargain hunters will be out. Charts x many companies will assist in assessing if a change is happening.

All that said, I reckon that a good vms cu/au strike will attract new investment. Also, SFR wants more copper, and the Bryah Basin is where it would like best to exploit it. Both of those 2 things put AUR in a better position than most. Both factors represent insurance for AUR.

In early 2012, RNI/AUR acquired many tenements in the western Bryah Basin - from BlueCrest which had security over them. I heard that it was contest between RNI and SFR to get them. For better or worse, RNI won the day. It then went like this for some years: . It was the gold that caused the grief.

Hopefully on Monday it will be back to again.

Underpinning it all though, imo, is the probability that AUR and SFR will be ;as one' one day. Add HOR to the consolidation and I think that SFR-AUR-HOR will have a happy future. I can't see AUR going it alone if it hits paydirt. It will be conjoined with SFR. Michael Fotios might help facilitate it all, but not without the AUR big guns being agreeable to it.

What do you think B$?- and others too! - Will this be a meaningful Wodger-Forrest result? Will SFR and AUR get together one day?

Expand

Hey Shady, et al

AUR would not call a TH unless they have something significant to announce IMO. Flagging market attention via a TH and then announcing mediocre results doesn't make any sense so I am keen for Monday's news.

I think AUR will hold off on a SFR JV on Wodger area for now and the other wildcard is WGX which has gold rights and may have a preemptive right on other metals (not sure without researching).

Here's hoping for a high grade announcement, which will be a positive for exploration potential in the Western Bryah Basin.

cheers

AUR Price at posting: 3.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

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Last 0.7¢		Change 0.000(0.00%)		Mkt cap ! $2.383M

Open	High	Low	Value	Volume
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Ann: Trading Halt, page-15

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