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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 GoldenIdle on Dec 29, 2021 8:08am

Value ?

There was a question per price we can expect today . I'm hoping over $.20 personally. 


the big question is valuation . Solaris SLS has a huge deposit of approx 1% copper in Ecuador current cap of $1.72 billion . With analyst targets as high as $24 a share resulting market cap of $2.4 billion .

St Augustine has current market cap of $75 million. Lots of room to run 

while not directly comparable SLS will probably prove up a lot more copper . St Augustine is open at depth meaning they too can prove up more . Modern exploration techniques such as BHEM can really help as it has helped SLS .
 

Full disclosure I own SLS and St Augustine and plan to hang onto both . When St Augustine gets to $1.50 I'll think of selling... till then remain patient, enjoy the ride , and of course take some profits along the way !

the copper King King !

Comment by rapid_fire_ on Dec 29, 2021 8:59am
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