M&A

Austral buys stake in gold project and market doesn't even yawn

TUMBLEWEED has been the market reaction to Austral Gold's acquisition of a stake in a gold-silver heap leach operation called Rawhide in Nevada, USA.

 If anybody's interested this is an Austral Gold operation

If anybody's interested this is an Austral Gold operation

Late in Wednesday's session not a single share had traded on the ASX in response to a deal that sees Austral paying US$3.9 million for a circa-22% stake in the operating venture. No details on the operation...

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