AUL 7.25% 32.0¢ austar gold limited

Someone posted a photo of a large plain with a car in the...

  1. 568 Posts.
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    Someone posted a photo of a large plain with a car in the foreground where one company had drilled and found nothing so they left. No resources here. Another company came along and drilled a couple of hundred metres away and struck a major resource. So just because one company (or maybe even two) can't be successful it doesn't mean another company can't come in with fresh eyes, a fresh approach and be successful.
    Personally that's what I see happening with AUL. They seem to have done their due diligence with new technology so that's why I've invested my money. But it's a gamble, any penny stock at 1 cent is a gamble. I'm hoping my gamble pays off otherwise I'll be looking to invest in a company that repairs ripped butt holes.
 
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Currently unlisted public company.

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