Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: roto who wrote (58171)	4/4/2008 7:25:13 PM
From: ogi	Read Replies (2) of 78408

AUN, I suspect will settle back down again. I gave up my position because of the never ending wall of sellers. They are building a company and are sharp but now AUN will have to deal with more dilution, a large cash drain and one producing mine for 9 months, then 2 mines and then 15-18 months from now they will be running 3 mines. The cost of this rapid, aggressive and reasonably acquired asset build up, I suspect, will be treading water for the foreseeable future. IN 24 months there will be big profits made on AUN from these levels. One could hold a core and trade around it. One thing I am pissed about is their current 15,000 m drill campaign which started in October. Zero results after 5 months is inexcusable. I will continue to watch AUN for another entry in the future. Cheers, Ogi

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