AUL 7.25% 32.0¢ austar gold limited

Ann: Update on Trial Mining at the Morning Star Gold Mine, page-39

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  1. 5,584 Posts.
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    Like one batch out of them all was probably 3g/t and the rest 1.5g/t. Why not announce the grades of each batch and an over all grade and overall oz recovered like any other miner would do to inform shareholders. Any other miners would also report on costs and I'm sure most shareholder would be very interested in what this trial development/campaign has cost them.
    Seems like they are just sugar coating the news aswell as they could without releasing detailed results. I'm thinking they only recovered about 1g/t = 500grams = 16oz = $27k. No details released point to that assumption being right.
    Same old same ol, positive spin and VERY light on the facts. How are they going to get any serious investors with this sort of reporting, might be ok for Magna.
 
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