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AuQ Gold Mining Inc AUQ


Primary Symbol: V.AUQ Alternate Symbol(s):  NSVLF

AuQ Gold Mining Inc. is a Canada-based mineral exploration company. It is engaged in the acquisition, exploration and development of mineral property assets in Canada. Its Lac Bruce lithium properties are located in the vicinity of the Mia Li-1 and Mia Li-2 lithium occurrences in the James Bay region of Northern Quebec. Its West Block comprises 61 claims covering over 3,150 hectares (31.5 square kilometers (km2)). Its Central Block comprises 46 claims covering over 2,380 hectares (23.8 km2). Its East Block comprises 26 claims covering over 1,340 hectares (13.40 km2). Its Partridge gold project is located in the Abitibi region of northwestern Quebec, over 25 kilometers (km) north-northwest of the town of La Sarre and 720 km northwest of Montreal. Partridge gold project comprises several claims’ blocks covering over 106 km2. Its Eliza is located in the James Bay region of northwestern Quebec, over 300 km north of Matagami, 500 km north of Val d’Or and 820 km northwest of Montreal.


TSXV:AUQ - Post by User

Post by AngelEyes3on Sep 05, 2012 3:36pm
493 Views
Post# 20321152

Well the news is negative

Well the news is negative

i posted a pre morning price gap taking place today. I was shocked to see the shares at 6 dollars and the previous days close was 6.90. That means people had the news before some others and dumped the shares and the result is a price blow out. Management at the old Gammon company still cannot seem to get their act together. The potential here is great but management seems to be fullish as not offering competitive wages since skilled labout is leaving them. Pay more and get the job done. I did not appriciate this bomb shell today. Management should have informed share holders earlier by lowering guidance in steps or doing it many months ago when the shares were already being hit. They should be showing postive news to take advantage of this gold run. The shares will be some what dead in the water unless gold moves up smartly or the company  posts positive news. To bad for the longs including myself. I have regreated buying into this company because they fail to deliever. Management is payed to do a job and obviously they are not capable of doing it at this point in time. 

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