Have to agree, seriously undervalued. however, this presents a...

Have to agree, seriously undervalued. however, this presents a huge opportunity for investors willing to do some due diligence and take on some risk.

As a summary, AUC has;

1] No debt
2] Cash of 7.85 Million
3] Proposed expenditure of approx 1 Million next quarter
4] 92 pct of expenditure attributed to exploration
5] Projects are in the HOTZONE with SFR, THX et al
6] Assay results due to be released

The last few days have seen some interesting developments on the option front. Today's increase in share price is still not substantial on volume to indicate a possible leak. It is possibly new investors and current investors taking positions prior to release of announcements.

The next week shall be interesting for this company.