AUC 4.44% 43.0¢ ausgold limited

interesting company, page-2

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    Yes Agree, just passed under my Radar.But the Naracoota has delivered around De Grussa, BUT has there been anything definitive along trend from it. Not as yet , the Conductor 1 /4 & Degr are fabulous but are they a 'Red Herring' to the remainder of the region.they are extremely close together suggesting a theory that it is confined. Time will tell,Alchemy are next as will be Sandfire who are slowly getting away from their major finds. If you were to pick via location maybe AUC / TLM / CYS are the best postion wise with Alchemy obviously holding a sig part of the Peak Hill schist.But AUC has a big block of the "schist" which runs to Degrussa further East (12km East)AUCO seem a really good option now.Others in the nearology include CYS,GTE,ENT,RHM,RRE,AGU,MZM,TLM,LSR & SRI. All good reading but all cant win. DYOR DYOR Hope this post assists.
 
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