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Austin Resources Ltd V.AUT


Primary Symbol: V.AUT.H

Austin Resources Ltd. is a Canada-based mineral exploration and development company. The Company holds no mineral properties. It has a 1% net smelter royalty in the mineral exploration properties in Chile held by Minera Azul Ventures Limitada, the Company's Chilean subsidiary. The Company has no profitable operations.


TSXV:AUT.H - Post by User

Austin Resources Ltd
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Post by jerrio78on Jul 29, 2016 2:49pm
128 Views
Post# 25096725

Any story here?

Any story here?
Is this just being traded or is there a real story here. I noticed a few weeks ago millions traded and then it went dead. Now it is being bought up again. If the insiders do own north of 70% then this is a tiny float. Do they have any cash? They hav 2 nice properties but they are on care & maintenance it would seem.

Any thought, is anyone watching this one? Even on the 5 million plus day I didn't see anyone pumping this so maybe where there is smoke there is fire. This could also be a case where someone wanted out and an insider crossed them out at 1-3 cents then retail popped it higher and there really isn't any story at all.

This has tweeked my interest though.
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