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Augustus Minerals Ord Shs AUG


Primary Symbol: AUGMF

Augustus Minerals Limited is an Australia-based exploration company. The Company is engaged in exploring for lithium, rare earths & copper in a large tenement package located in the Gascoyne Province of Western Australia. The project covers approximately 3,600 square kilometers (km2) of granted and under application tenements located in the Gascoyne Province, in the Shire of Upper Gascoyne and the Shire of Carnarvon. The Ti Tree Shear Project is located about 200km inland from Carnarvon and is in the shires of Upper Gascoyne and Carnarvon. The Project area is prospective for copper, gold, nickel, platinum group metals, molybdenum, rhenium, lithium, and rare earth element mineralization. The project's tenement package is categorized into four main project areas: Crawford Bore, Lyons Central, Minnie Springs, and Mt Phillips Area. Capricorn Orogen Pty Ltd is a wholly owned subsidiary of the Company.


GREY:AUGMF - Post by User

Comment by Greedeon Aug 03, 2017 12:46pm
197 Views
Post# 26543550

RE:Auryn acquires strategic land position in Southern Peru+more

RE:Auryn acquires strategic land position in Southern Peru+more

I'm still convinced that right now, this is the best value play mining company on the TSX and now NYSE.

We have a winner with Homestake alone.  But the 7 project package...awesome.
 

Looking for ways to add to my position!

SnowyWindows wrote: On the podcast Ivan gave a really positive interview on Auryn with Frank Curzio. He sounded very much against dilution and sounded very bullish at this price point. He said that since there are 7 projects packaged into one stock all you need is one success for the stock to go higher. Three or more successes will send this stock soaring. Ivan said that since there are so many projects packages into one stock the current stock price isn't really compareative to other mining companies. It should be, conservatively, divided by three before comparison.

Then here is a link to the most recent news on a brief drilling update and the land acquisition in Peru. All sounds like good news: https://www.aurynresources.com/news/2017/auryn-acquires-strategic-land-position-in-southern-peru-and-provides-drilling-update/

 

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