Augustus Minerals Ord Shs AUG

Primary Symbol: AGMNF

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

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Comment by AfterGlowon Feb 25, 2008 1:28pm

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Post# 14539135

RE: Augen v. Longview

I have long been disappointed by the lack of disclosure of the Augen Portfolio.Old timers might recall a post I made a while back that mentioned how challenging it was to hold Augen during the bull market last year not knowing what it was worth...and how much investors would slam the price down when the trend went south. This stock is not fun to ride on the way up nor on the way down. If you want to buy a fund, consider GUR. At least they disclose their portfolio weekly and own quality blue chip U stocks. Augen risk/reward ratio has always been and continues to be a black box.

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