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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 BSmartStaycalmon Sep 11, 2020 10:02pm
194 Views
Post# 31547676

RE:RE:King king mine

RE:RE:King king mine
rapid_fire_ wrote: I always wondered why they go to the expense of keeping this company public . Huge deposit - no question ...trouble is your in a Tribal country that is controled by China for the most part now . 

Geopolitical risk is off the charts ! The Philippines has NOT proven itself to be a safe place to invest !!! YET , I keep my shares . 

The comapny has one of the worse investor relations departments ( basically non existant ) on the TSX . No one knows whats going on , as an investor - get use to it if you dare to dip your tow in this cmpany . 

So funny , that someone wash-trades this back and forth from .02-.03 Pesos / cents , probably from some computer in a Brgy hoping to make soem sari sari money ! HA!!! 

with gold going up in value , who knows , King King may rise once more .....? As the King King does have one of the worlds largest deposits I think at this point. 


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