AUCO

I don't have any idea why the share price has been falling and falling.  Yet, around Katanning where road base was used for building roads, no one knew that that earth contained 2g Au/ton.  Perhaps AUC has been slow at announcing or has been progressing too slowly for the market to accept.  Hardly any drilling results have been announced but in the past, they looked good.

This area isn't exactly new.  Boddington mine, owned by Newcrest is not far away and it is one of Australia's biggest gold mine.  If you ask me why the lack of interest in AUC?  For me, it presents a good buying opportunity so I have topped up my AUCO but I inadvertently bought it in another portfolio.  Silly me!