AUC 4.44% 43.0¢ ausgold limited

just broken to the upside, page-13

  1. 11,111 Posts.
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    Hi Nathan , whilst I still regard AUC's prospects highly I am wondering about their current drilling campaign .If AUC had/have found massive sulphides in quantity they would be visual and as such a TH would have been called .I just feel that it has run a bit hard on speculation in the last few days and the buy side depth is looking a bit thin above .26 .I think that the market will(rightly or wrongly )be disappointed in the initial drill results .Because of this I sold my holdings in AUC today and will wait to see if it pulls back .I may be wrong ,but I've never lost any money by taking a profit and today's price was sufficient for me (>100%) .If it retraces to what i think is good value after the drill results are released then I may take another position in AUC .For the moment, as you I think would be aware , there are better value opportunities in the Doolgunna region
 
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Last
43.0¢
Change
-0.020(4.44%)
Mkt cap ! $153.2M
Open High Low Value Volume
45.0¢ 46.0¢ 43.0¢ $89.96K 202.5K

Buyers (Bids)

No. Vol. Price($)
1 46666 43.0¢
 

Sellers (Offers)

Price($) Vol. No.
43.5¢ 30000 1
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Last trade - 16.10pm 25/11/2024 (20 minute delay) ?
AUC (ASX) Chart
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