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AUREUS MINING INC T.AUE

"Aureus Mining Inc acquires, explores for and develops gold properties in the West Africa, specifically the New Liberty Gold Mine in Liberia. Its business segments are Liberia development, Liberia exploration, Cameroon exploration, and Corporate."


TSX:AUE - Post by User

Post by tgfnon May 21, 2016 5:02am
211 Views
Post# 24894839

Share structure and CH11

Share structure and CH11If one can trust the feb. 2016 presentation (i know it's hard to trust anything originating from AUE), almost 80% of the shares are institutional holdings.
I am convinced,they will not allow AUE to file for chapter11.
Will be interesting to see what they will come up with.
Most probably us retail investors will be diluted out in a massiv pp, with warrants for those taking partt in the pp.
I could stand that, if only ee would get a management, which deserves this name (Raymand Lalonde would be my favorite)
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