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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 Jan 11, 2015 12:13pm
87 Views
Post# 23307038

RE:Other gold companies

RE:Other gold companiesHi Longrun.    I found over years of investing that we little guys can't do the required research for picking companies.   Who has the time to read every quarterly report?       So if you find a sector that you like using macro economics, which we can follow, then invest using an etf in the entire sector.    Most of my gold money is in XGD (large cap gold companies etf) and ZJG (small cap equal weighted gold companies etf).    This eliminates company speicific risk.    Then i own a few individual names, mostly large cap like Yamana, Kinross and lots of silver bullion.     Lastly, i have a few micro cap names like SAU but this should represent only a tiny fraction of your precious metals allocation due to risk.     

Good luck.
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