AUC 0.00% 42.0¢ ausgold limited

interesting company

  1. 921 Posts.
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    AUC appears to be a very interesting company.

    It's exploration profile is exceptional and within districts of large known deposits.

    The options (AUCO) are very cheap, given they are to be exercised at 20 cents by 2013.

    For more information on their projects click here. (This is a PDF presentation).

    AUC is a tightly held stock, with nearly 80% held by the top 20.

    AUC plans an acitve drilling program exceeding $8 million. At the end of December, it had $9.5 million in the bank.

    Airborne surveys are identifying drill targets. A careful eye over some of the surveys undertaken by adjoining companies (such as SFR) provide a strong insight as to AUC's prospectivity.

    No hype (yet) - just facts.

 
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41.5¢ 42.0¢ 40.8¢ $188.6K 455.8K

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1 30000 41.0¢
 

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Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
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