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St Augustine Gold and Copper Ltd T.SAU

Alternate Symbol(s):  RTLGF

Metals & Mining Gold
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

St Augustine Gold and Copper Ltd
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Post by nonrev321on Aug 04, 2004 8:00pm
67 Views
Post# 7777293

considering investment but......

considering investment but......something isn't right here. Discovering gold, drills turning, production in 12-15 months BUT only .11... Theres more here, If thigs were THAT good this would be more than .11 Don't get me wrong, I like the company. But looking for some logical explination why the drop and cheap price. Pls no answers like "people are selling". If the story is that promising they wouldn't be selling. Thanx nonrev
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities