auk down, where to from here?, page-12

New holder. Nice to see some volume come in over the last couple of days. It appears that someone is trying to accumulate and no one is really wanting to sell down to them. It may be buyers getting set for the drill results from Jampang that are currently underway.
One of my reasons for getting in is the quality of Auger's chairman Norm Seckold. This guy knows a good goldie when he sees one. What he did with Bolnisi gold was amazing. A repeat performance with Auger will be fine with me. He has backed his cash into Auger and will not sell unless it's taken over as well.

All things being equal this is still very good buying at mid twenties with one year target of $1.