AUC 1.19% 41.5¢ ausgold limited

is there anyone on this form?, page-11

  1. 12,525 Posts.
    Just got interested in this stock... potential reward is starting to outweigh risk at current $23 million m/c.

    Chart is shocking so I haven't bought anything meaningful, just a few AUCO's, 20c strike March 2013 expiry.

    A pure gamble but a good value one.

    As far as nearology to Sandfire goes this has to be #1?

    Part of AUC's Doolgunna tenement is actually inside Sandfire property, including 5km along the Jenkins Fault which plays host to the mammoth Degrussa deposit. Also only a few dozen km's from the 7 million oz Plutonic gold mine.

    If the heads get to 12c before the release of JORC they'll be well worth buying... although I suspect 15c could be the bottom.
 
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Last
41.5¢
Change
-0.005(1.19%)
Mkt cap ! $153.2M
Open High Low Value Volume
41.5¢ 41.5¢ 40.8¢ $123.5K 300.6K

Buyers (Bids)

No. Vol. Price($)
4 20864 41.5¢
 

Sellers (Offers)

Price($) Vol. No.
42.0¢ 203870 2
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Last trade - 13.49pm 29/11/2024 (20 minute delay) ?
AUC (ASX) Chart
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