Augustus Minerals Ord Shs AUG

Primary Symbol: AUGMF

Metals & Mining Industrial Metals & Minerals

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.

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Augustus Minerals Ord Shs > Interesting day....

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Comment by SnowyWindowson Mar 21, 2019 12:20am

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RE:Interesting day....

I think Ivan just showed his hand to the potential asset buyers. By announcing the fund raising he essentially said “If you aren’t going to buy my assets for a fair price I’ll just hold on and sell them higher next year”

With the recent fed meeting turning extremely dovish, I think Ivan has a ton of power in his court. He has this company ready for a next leg higher. We just need some dam good drill results out of Sombrero now!!

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A junior copper-gold stock trading at a bargain of monumental proportions