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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-king, Municipality of Pantukan, Davao de Oro, on Mindanao Island, Philippines. Its deposit is a porphyry copper-gold deposit hosted primarily by porphyritic hornblende diorites, submarine volcanic rocks, and volcanoclastic sediments. The sulfide copper mineralization in the King-king deposit consists of chalcopyrite and bornite, with lesser amounts of chalcocite, digenite, and covellite.


TSX:SAU - Post by User

Comment by Robert1on Apr 11, 2015 10:26am
95 Views
Post# 23619379

RE:RE:155 k sold by BNS today....

RE:RE:155 k sold by BNS today....I called this guy last week to ask about the permits and corp. governance/Supreme Court decision. His name is at the bottom of the March 2 permit news report.

TMX Equicom
Mike McAllister
Investor Relations
+1-416-815-0700 ext. 249
mmcallister@tmxequicom.com

No answer.      Given the govt decree about not providing permits until the corporate governance issue is resolved and by the vague wording in the press reports about who has the EIS permits, i.e. the "PROJECT" not SAU,  NADECOR/SAU are no closer to progressing this mine.      Until that court decision comes down or the NADECOR parties reach a deal, there is no mine here sad to say.    Seems BNS agrees.        

I'd say everyone should give good old McAllister a call / email and harrass him until he says something.   

Robert
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