AUC 2.38% 41.0¢ ausgold limited

what is going on, page-5

  1. 1,955 Posts.
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    Hmmmm, set up nicely for a cheap Chinese takeaway.
    AUC do have some gold - sure its mainly low grade, but I think there were some decent shallow hits so surprised its so low. Although imminent CR doesn't help.
    PRC investment would pretty much be the end of any chance of the SP increasing a lot. End goal would be a cheap takeover if AUC look like having anything of value.
 
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