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Austin Resources Ltd 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 > Anything new? Exciting??
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Comment by RedRose65on Apr 29, 2017 7:37pm
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Post# 26183600

RE:Anything new? Exciting??

RE:Anything new? Exciting??
Nothing has changed in the Fins that wasn't already avaialble by looking at previous docs leading up to the end of 2016. What is different now from that point onward is that share capital value has increased three fold to somewhere betwene $15-17M dependng on which day you look at it, ie: the stock is now trading at 0.03 - 0.04 per share, not 0.01-0.012

So, $432,000 in the kitty, minimal expenditures going forward , decent looking market cap relatve to O/S & a couple of authorized transactions to look forward to this week according to their Toronto Lawyer, Mr. Tony Wannacutt.

A fellow investor friend of mine writes this weekend "AUT has consolidated nicely after a recent large percentage gain. It had a 1.5 or 2 cent bid for a long time and now it's consistently at 3. Set-up nicely for another leg up."

RR
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