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Bullboard - Stock Discussion Forum St Augustine Gold and Copper Ltd T.SAU

Alternate Symbol(s):  RTLGF

St. Augustine Gold and Copper Limited is a Singapore-based mineral exploration company. The Company is focused on the King-King copper-gold project on the island Mindanao in the Philippines. The King-king tenement is comprised of 184 mining claims that are owned by Nationwide Development Corporation (NADECOR). The Project is a copper-gold mineral reserve located at Sitio Gumayan, Barangay King... see more

Bullboard (TSX:SAU)

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Comment by shawshank2on Dec 21, 2020 8:18pm

RE:good news

Majority of their mining is open pit :) :)
Post by db2067on Dec 21, 2020 6:11pm

good news

This is good news, Silangan Copper and Gold just received a 25 year MPSA extension from a 2024 expiry. Looks like bigger news is imminent...   The three open-pit mining projects that are on ...more  
Post by db2067on Dec 21, 2020 12:35pm

Sustainable mining program to start next year 2021

Another perspective from the Manila Times on the adopting the Canadian Towards Sustainable Mining program starting in 2021. This is good news for the Philippines, when done right, which we all want ...more  
Post by db2067on Dec 21, 2020 12:00pm

Lifting of WPS exploration ban

This bodes well fo the lifting the open pit mining ban... https://www.gmanetwork.com/news/money/economy/760221/oil-shares-leap-on-duterte-lifting-of-wps-oil-exploration-ban/story/   ...more  
Comment by shawshank2on Dec 18, 2020 7:29pm

RE:Bottom Line

Companies have shown they have changed their approach to being responsible and his excellence duterte has made it clear he will not allow abuse by companies. Time to allow mining again
Post by FredZarfloonon Dec 18, 2020 4:14pm

Bottom Line

If the Philippine is prepared to allow an offshore mining company to destroy the ocean floor in a sensitive marine area for 40 +  years, they should have no problem opening up King-King.   ...more  
Comment by shawshank2on Dec 18, 2020 4:03pm

RE:The King King yearly production

Looks close to what I got. And it seems like copper prices are about to explode with gold. Imagine buying one of the biggest mines in the world for .09c??? We will look back and laugh
Post by Bandmanblueson Dec 18, 2020 2:36pm

The King King yearly production

236,169 oz of gold @1900/oz 138,000,000 lbs copper@3.55/lb. 506,504 oz of silver@25.85/oz Grand total of $951,714,228.00 Per year for 22 years. Add corrections if I'm off.
Post by db2067on Dec 18, 2020 11:17am

BSP backs reopening of mining firms

It is not just gold that BSP mentions, copper demand is going to soar with infrastucrure and especially the electric vehicle market. https://www.philstar.com/business/2020/07/27/2030778/bsp-backs ...more  
Post by db2067on Dec 18, 2020 10:13am

Chamber of Mines of the Philippines recently completed TSM

One of the necceasary steps to opening back up is in place.  https://www.philstar.com/business/2020/09/18/2043181/miners-roll-out-sustainable-mining-initiatives Louise Maureen Simeon (The ...more  
Post by shawshank2on Dec 18, 2020 1:48am

Mind blowing numbers

We are trading at just over 60 mil market cap and the mine will have over 20bil revenue stream over life on mine. 2$ price target is conservative given the expected rise in copper and gold. This is ...more  
Post by db2067on Dec 17, 2020 7:14pm

Foreign mining firms eye Philippines

https://www.philstar.com/business/2020/11/12/2056207/foreign-mining-firms-eye-philippines/amp/ Foreign mining firms eye Philippines By  Louise Maureen Simeon(Philstar.com)   ...more  
Post by db2067on Dec 17, 2020 7:15am

Foreign chambers promise to deliver $50-b investments

https://manilastandard.net/mobile/article/341087 Foreign chambers promise to deliver $50-b investments  posted December 02, 2020 at 10:05 pm  by Othel V. Campos  ...more  
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