AUL 7.25% 32.0¢ austar gold limited

Ann: Visible Gold from Drilling at Morning Star Gold Mine, page-14

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  1. 2,335 Posts.
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    And very speculative it is .Under its old previous operator it was a Disaster. Ending up insolvent. So far under Aul it has not ( according to the information realeased so far imo produced anything of note )Rose of Denmark does look like it may do better for them. They are not blessed with a fat bank balance and may need to raise capital in the near future ,espially if ROD does not live up to expectations. The other operating mine in the area the A1 has not been a cash cow for the operators and has needed cash to keep operating. Price of gold has been falling, but in the end it’s your money . Personally I would wait till ROD shows solid performance. But these are my thoughts only and according to many on this thread I have no idea .
 
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