Bullboard - Stock Discussion Forum Austin Resources Ltd V.AUT.H

Austin Resources Ltd. is a Canada-based mineral exploration and development company. The Company holds no mineral properties. It has a 1% net smelter royalty in the mineral exploration properties in Chile held by Minera Azul Ventures Limitada, the Company's Chilean subsidiary. The Company has no profitable operations.

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Austin Resources Ltd > Question is????

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Post by yixter on Apr 19, 2017 11:20am

Question is????

Are they still holding the Redlake and Chile properties because if they are this is in for major upward revision!!

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Comment by Sorgan2 on Apr 19, 2017 11:27am

Definitely a good question but I would think if they didn't there would be something on sedar showing they sold land?

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Comment by yixter on Apr 19, 2017 11:30am

As one poster said there is an update coming showing AUT adjoining COR land if nothing is in sedar saying otherwise than we have redlake and chile properties which means hold on!!

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Comment by hawkeye77 on Apr 19, 2017 11:38am

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Comment by yixter on Apr 19, 2017 11:40am

Good work hawkeye this is going to be an amazing ride I love little sleepers like this.

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Comment by nomoney on Apr 19, 2017 12:14pm

Contact the company yourself, I did and there isn't any land in Peru but they do still own the Redlake property.

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Comment by nomoney on Apr 19, 2017 12:25pm

Also no plan to update the website on Friday.

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Comment by RedRose65 on Apr 19, 2017 12:28pm

This isn't about Peru. It's about Chile and contiguous peroperties to Camino Minerals' Los Chapito Project... https://www.austinresources.ca/images/xz1.pdf

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Comment by nomoney on Apr 19, 2017 12:43pm

How does Austin's property in Chile relate to Camino's Los Chapito project that is in Peru? Look at a map of South America and look at where the Los Chapito project in Peru is in relation to the land Austin has in Chile. They are a long ways apart. Los Chapitos is is Southern Peru, Chile is north of Peru. Just explain to me how the two are related and Ivwill concede ...more

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Comment by yixter on Apr 19, 2017 12:46pm

Chile is not north of Peru!!

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Comment by nomoney on Apr 19, 2017 12:52pm

Omg I'm losing it! Sorry, yes Chile is south of Peru... sheesh my brain has gone on vacation apparently.

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Comment by yixter on Apr 19, 2017 1:03pm

Yes be careful u just about scared people off their shares for no reason. We have our Chile lands and Redlake lands that makes us very cheap at all he moment!

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Comment by nomoney on Apr 19, 2017 1:27pm

The land in Chile is still a long ways from The Los Chapito project regardless. I asked how the two relate. Didn't say their land in Chile couldn't be worth something or the Redlake land. If they announce drilling in either package of land this should definitely move up. But the poster that said the land borders Camino's and that the website is going to be ...more

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Comment by thadeush on Apr 19, 2017 2:15pm

You could hit Camino's property with a 9 iron from Austin's La Higuera copper-gold property...provided it was a rocket-powered golf ball that could travel 1,600 km :) So I don't know what he's talking about - they're practically neighbours!

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