AUCO

Amongst my tipster, this one is one of my current top 2.

http://minesite.com/news/ausgold-loses-its-chief-executive-but-not-its-focus-on-the-world-class-katanning-gold-discovery

What I like about his articles are his analysis and his ability to pick up future quality stock. There may be no movement for a while because it seems to me that few people actually read his reports! So if AUCO remains low at 81c, I put in a bid in for 81c.... Got it! Imagine, the ordinary share price is $1.04, to exercise it cost 20c in 2013. And someone sold their options for 81c. Basically I bought AUC at $1.01, with the remaining 20c to be paid in over 1 year.

The market sentiment prevailing at the moment is bad. But I am not a short term investor and the more people sell, the more appealing! You will note that while price of gold is rising and AUD is falling, and there is possibility of more gold to be uncovered, the share price of Ausgold is falling!

The market does not think with the head, hardly the heart; more with the rectum. It is true that European, Chinese and US markets are worrisome. But the price of gold mostly rose during the Great Depression between 1929 and 1938. In fact, it was said to be the only commodity that kept it value and rose except for one year. Stick to gold stocks... gold producers if you can. AUC is only an explorer :-( but with great prospect.