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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 08, 2014 10:03am
84 Views
Post# 22424207

RE:Robert1

RE:Robert1Glad to be of help.     I've owned this for 1.5 years now, so around this price.     I have a long term hold position and a second trading position which i flip regularly.       I am impressed by the huge potential of this mine and fascinated by the absurd corporate governance issue (being a former corporate litigator).       I can't say i know SAU well, not sure anyone not on the inside really does, and for that reason I own most of my gold companies in ETFs.    Nevertheless, I will try my best to add value here, just as you and the others do. 

Cheers,

Robert
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