Last update(see NR, July-12)stated :
"exploration is continuing on the Richardson Lake property block during July and August that will include follow-up prospecting and sampling and the completion of IP surveys on two cut-line grids west of the Discovery Zone and east of the Argosy Mine area. This work is necessary to define follow-up targets for diamond drill testing."
Feeling pretty good about Aurcrest heading into this fall/winter. Twas a brutal summer for juniors this year. AGO faired better than many others I own/follow and I've managed to lower my ACB to just under 0.17(3.4 cents pre-consolidation). 17 cents represents a FD market cap of bout' $4.5'ish millon. Recent trades at 0.15 puts our total corporate value at under $4 million...lol
Methinks that, given the price of gold, any decent drilling results/hit will almost instantly garner us a market cap many multiples from this level.
Time to make that Gold shine Ian. :-)
Seem to recall as well that we have a 100% interest in a few claim blocks in the ROF play?...strikes me that once Cliffs/Noront/Gov't/first nations all agree to move the area forward and commit the required Infra. funding that these claims may increase a bit in value?... :-)
Cheers and all the best to fellow shareholders.
a_i
ps. Kudos to Ian and Peter for updating the website to move on from the "Tribute" days...still needs some polishing, but great job.