View Full Version : AUZ - Australian Mines
Stumpynuts
26-05-2010, 03:49 PM
Any thoughts?
shasta
26-05-2010, 03:58 PM
Any thoughts?
From last quarterly
http://www.stocknessmonster.com/news-item?S=AUZ&E=ASX&N=489757
Resource of around ~200,000/oz Au (at a low grade of 2.0g/t)
Around $2m cash
Oh, & around 7 BILLION shares on issue!
Woof Woof
Avoid
There's already a thread for AUZ, use this one
http://www.sharetrader.co.nz/showthread.php?4746-Auz-Australian-Mines-Limited/page7
geezy
26-05-2010, 04:45 PM
Nickel turned Gold explorer , wonder if they are going to re-mine their nickel since prices are up again
STRAT
26-05-2010, 08:35 PM
Woof Woof
Dunno Shasta. Market cap 6 mill.
They wouldnt have to do much right to see some sp improvement lol.
Any price rise would start at +100% but there is quite a cue for some at 0.1c
of course next step down is zero :scared:
shasta
26-05-2010, 08:37 PM
Dunno Shasta. Market cap 6 mill.
They wouldnt have to do much right to see some sp improvement lol.
Any price rise would start at +100% but there is quite a cue for some at 0.1c
of course next step down is zero :scared:
They have cash so wont go under yet, but aren't producing as there cash costs exceed there income
Which has always been there problem, too smaller scale
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