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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 RealityCheck123on Apr 14, 2022 12:37pm
135 Views
Post# 34604196

RE:Who trades 30 shares at .09 CAD cents ? Ponzi Scheme !

RE:Who trades 30 shares at .09 CAD cents ? Ponzi Scheme !

One company/entity owns/controls ~90%? of the 836,000,000 shares.  Therefore, they can hold and keep the shares price stable forever?

Project will not proceed due to this.  It has been dead since Echo Bay/Kinross abandoned  ~1997.  No economic advancement as demonstrated by a compliant feasibility study establishing a reserve.  

No interest by anyone for ~24-years.

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