AUL 7.25% 32.0¢ austar gold limited

Here comes the Gold, page-23

  1. 9,999 Posts.
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    It is obvious that the two major players were talking up the costs involved in restarting the mine as a negotiating tactic, as the company has restarted production, albeit in trial mode to start with, way under the $10m figure.

    The fact that two majors spent the time and money to do the DD goes to show the interest not only in this mine but the whole Woods Point tenement that AUL now control. The reason why they did not proceed could have been lack of confidence in the previous management or they could not negotiate a preferable price.

    The fact that day traders are getting into the action is never a sell signal, its just a signal that there will be SP volatility as news is released and in-between lulls, which is great for trading.

    I think you need to get over your personal grudge against the common shareholder between AVQ and AUL. It is severely clouding your objectivity as shown by your jumps to unlikely conclusions.
    Last edited by vertigo: 02/05/18
 
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