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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 approximately 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 04, 2014 10:34pm
117 Views
Post# 22415031

RE:RE:257,000 shares traded

RE:RE:257,000 shares traded I bought some more at 16 cents.   No news on either SAU or NADECOR that i've seen.   
No insiders sold to date but there is a 24 hour delay on today's action.       The corporate governance issue may take years to resolve.   Gold has begun its move up and with the negative US data continuing, additional stimulus from Yellen is only a matter of time.     Other gold stocks will do very well once QE is back on the table.      So you're right Staycalm, the fast money will go elsewhere to not miss the run up in gold and gold co's while sitting in this name for an unknown period of time.       

Robert 
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