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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 Covid19Investoron Jul 07, 2020 9:39pm
202 Views
Post# 31237116

RE:Lets see what the company says ...

RE:Lets see what the company says ...Crazy story, sound like Gold (2016 film) with Matthew McConaughey


rapid_fire_ wrote: Remember they kept this company on the big board TSX for years... for a reason.

It is the undisputed largest Undeveloped Gold deposit in the world . Undisputed by ANY mine engineer . I just hope the Chinese dotn have their hands on this puppy !   

I bought this for two reason ;

1. The deposit Bar-none ~ Just Massive/Huge , worlds biggest ! Everyone knows this . No disputign this . SO many Engineers from various countries AND firms have done work for the mine.

2. They kept the listing active and sat on it - keeping listings active costs big coin and they wont do that .....unless  they are sitting on a mine !  :)

The time lags and drags : 
1.Pinoy politics in the Congress and Senate .

2, VERY Prominant families operate pilot mines off the property and the Barangay Captians up and down the valley clear right up to Davao are getting a cut of the gold comming off the Property .


DU30 wont take any corruption on this one - he has made VERY good headway and he will monitor  it closely ...unlike the late Gina Lopez , the former Designate head of "Mining AND Environment". Yep, they group it together under the same portfolio in those days !  


Lets wait and see !  I have been blowing on the smoke for some time wanting to see if Villiar and company would make a move .  :) 

Worked the Check points recently for the CCP flu and lock-downs/Quaritines  in the area(although the RP was not hit that badley except for cases in Manila and Cebu)  . Saw some interestign things while workign the Check point in that region . ( South of the Valley )   :) 

Could get fun boys ! 



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