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Strategies & Market Trends : Ride the Tiger with CD

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From: LoneClone8/19/2025 1:11:21 PM
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Here's one out of left fueld -- TK has been given a 5% stake in a Saudi gold prospect plus consulting fees in return for running the exploration programme. A bit of a distraction, yes, but seems like a decent opportunity.

To say a little more about AUX, this company, which similarly to TK used to focus on zinc in Peru, recently acquired new management and a gold prospect called Reedy Creek in Victoria, Australia which is located 10 km from and is a geological analogue to the Sunday Creek discovery which caused SXGC's share price to more than double a few months ago while generating much excitement.

AUX's first drill programme is underway and we are awaiting the initial assays.

Due to my long history with the stock, I have one small holding of AUX that has lost 98% of its value over the years, a slightly larger holding that has lost 86%, and a much larger holding that is already a double.

LC
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