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Bullboard - Stock Discussion Forum 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... see more

TSX:SAU - Post Discussion

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Post by Twocommas on Jan 06, 2021 10:53am

Amazing

My prediction was .15 and this stock is just doing outstanding bless everyone I see  us at .60 very soon
Comment by shawshank2 on Jan 06, 2021 1:13pm
This is running because people realize once open pit ban is removed this will be a 3-5$ stock. With the resources easily a 5-6 bil$ company
Comment by Twocommas on Jan 06, 2021 1:16pm
This was a easy triple, was banking on it since the summer time research is key congratulations to all that made and let's get these mines opened 
Comment by singlefile on Jan 08, 2021 12:19pm
Agreed - roughly the same share structure as OceanaGold ... we will have to borrow money to get up and running but I do see a min. 2$ share price in the near future ... good to see the original gang here making some money))
Comment by shawshank2 on Jan 08, 2021 12:26pm
I bet we see debt financing from the government and maybe a big partner or china? Potential cahsflows and scale of project should make debt financing easy
Comment by singlefile on Jan 08, 2021 12:59pm
Gov. approval on mining I think pretty much a sure thing  - loaning them money? hmmm, we were walking on eggshells with the approval until now. Gov. lending them money? that might be a stretch - but like you said, at this point private money will not be hard to find, lenders are prob. lining up right now as we move into the home stretch here. 
Comment by shawshank2 on Jan 08, 2021 2:03pm
I agree financing will be easy. But gov loan could be on table. MANILA State-owned Development Bank of the Philippines (DBP) has granted a PHP416-million credit line to the countrys first large-scale offshore mining company to augment its working capital requirements in its export production of iron ore, a top official said. DBP President and Chief Executive Officer Emmanuel
Comment by rapid_fire_ on Jan 09, 2021 9:52am
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