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Austral Gold Ord Shs V.AGLD

Alternate Symbol(s):  AGLDF

Austral Gold Limited is an Australia-based junior mineral exploration company. It is a gold and silver mining producer. The Company is focused on the acquisition, discovery and advancement of high-quality copper gold projects in the Americas. It owns 100% interest in the Guanaco/Amancaya mines in Chile and the Casposo-Manantiales mine complex in Argentina, a non-controlling interest in the Rawhide Mine in Nevada, United States of America and a non-controlling interest in Ensign Gold which holds the Mercur project in Utah, United States of America. The Guanaco/Amancaya mines in Chile operation is in northern Chile in the Antofagasta Region, approximately 220 kilometers (km) southeast of Antofagasta City. The Casposo-Manantiales mine situated approximately 150 km northwest of San Juan City, in the Department of Calingasta, San Juan Province, Argentina. Its explorations include Triassic Choiyoi Belt, Indio Belt, and Deseado Massif.


TSXV:AGLD - Post by User

Bullboard Posts
Post by DoughBoyson Mar 29, 2018 6:44pm
138 Views
Post# 27806032

Q1 looking good

Q1 looking goodProduction ramp looks like its gonna bring austral close to 100k gold equivalent. I like the big exposure to silver from their casposo production and the 344k fortuna silver warrants @ $6.00 strike.If they use free cash from the drop in production costs to buyout the rest of casposo, that will give a nice boost to the top and bottom line. right now this thing is trading below book value and below its revenues

I'm expecting a great 2018 from this team; 30,000m of drilling planned for 2018 means they're bound to find something good.
Bullboard Posts