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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

Comment by HIGHBALLERon Jun 09, 2016 2:10pm
119 Views
Post# 24951489

RE:Not Bad

RE:Not Bad
so show of hands who has worked at a mining operation .... I agree with not that bad. With the ore they have stockpiled and the gold price on the rise I did the math 105000 tons @ 4 grams / ton is 420000 grams / 31 = 13584 ounces x 80% recovery = 10838 ounces x 1250 $/Oz = 13 000 000 $ sitting there ( and I have under estimated all figures) stock is a steal .... at 5.5cents.
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