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Aura Minerals Inc T.ORA

Alternate Symbol(s):  ORAAF

Metals & Mining Gold
Aura Minerals Inc. is a mid-tier gold and copper production company. The Company is focused on operating and developing gold and base metal projects in the Americas. It has four operating mines, including the Aranzazu copper-gold-silver mine in Mexico, the Ernesto/Pau-a-Pique Project (EPP) and Almas gold mines in Brazil, and the San Andres gold mine in Honduras. The Company’s development projects include Borborema and Matupa, both in Brazil. It has unmatched exploration potential, owning over 650,000 hectares of mineral rights and focuses on advancing multiple near-mine and regional targets along with the Serra da Estrela copper project in the prolific Carajas region of Brazil. The Company has the right to explore the Pe Quente and Pezao Projects in the State of Mato Grosso, Brazil. The Aranzazu Mine is an underground copper mine that is located within the Municipality of Concepcion del Oro in the State of Zacatecas, Mexico. The San Andres Mine is an open-pit heap leach gold mine.


TSX:ORA - Post by User

Aura Minerals Inc
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Comment by sesses3on Nov 14, 2011 12:01pm
187 Views
Post# 19235514

RE: RE: Opening at less than a buck

RE: RE: Opening at less than a buckThat would be very cheap, unless they screw up San Andres and Aranzazu as badly as the Brazilian mines. Considering they are yet to execute succesfully on anything, I suppose iit could happen, though.

The conference call tomorrow should be interesting. I hope the new CEO understands what he's gotten himself into, because getting Aura back on track doesn't look like the easiest of tasks right now.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities