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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

St Augustine Gold and Copper Ltd > Ban on open pit is finally removed & the SAU steadily tanks
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Post by Zoomzoom917 on Jan 11, 2022 10:35pm

Ban on open pit is finally removed & the SAU steadily tanks

It took forever to finally have the government reverse the ban. Why would the "biggest undeveloped copper nad gold mine" steadily tank and no volume. Average volume transaction will not even buy a nice used car. What's going on.
Comment by GoldenIdle on Jan 12, 2022 7:05am
Inquiring minds want to know ? Issue a statement ! A comment . Hire an IR guy .... anything . 
Comment by Robert1 on Jan 12, 2022 9:08am
Good question.  I note that SAU shares short on Nov 30 were 111.  Then on Dec 15 it was 23,229 and then on Dec 31 they jumped to 830,749.  Normally, even this kind of increase should not move the needle that much but with the insanely low volume its easy to push the share price around temporarily.   But that is true on the upside as well.  I hope everyone followed my ...more  
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