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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

Post by shawshank2on Jan 08, 2021 10:10am
162 Views
Post# 32253108

Valuation is nuts

Valuation is nuts Oceana gold has a market cap of just under 2 bil and produces the same gold as king king will every year. That doesn't include the massive copper production from k8ng k8ng as well. This thing is trading like some crappy penny stock with no drilling done. bit yet we have derived asset with over 100000m. Fair value of this mine and we should be at at least 3-4 bil market cap...think about that
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