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coinmaker

05/24/11 4:21 PM

#25169 RE: checkmate28 #25168

Auriga Gold AIA.v

WTF am I missing here? Please help.

I expected at least a double by now based on good high grade drilling results, 1000 tpd mill, price of Gold, incline in place, raising money by warrant redemption, low cost anticpated production at 50,000 oz. per year and EXTREMELY low market cap.

OK there is still uncertainty about the open pit, but I can't for the life of me see how at $1500 gold, they won't go for it after their last set of drill results. 43-101 this summer and PEA and mine production decision all coming within a few months and mine production within a year.

Am I the only one that is clairvoyant? or am I missing something other than the small caps being punished?

http://www.aurigagold.ca/s/Home.asp