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Bullboard - Stock Discussion Forum Aurania Resources Ltd V.ARU.WT.B


Primary Symbol: V.ARU Alternate Symbol(s):  AUIAF | AUIWF

Aurania Resources Ltd. is a Canada-based mineral exploration company engaged in the identification, evaluation, acquisition and exploration of mineral property interests, with a focus on precious metals and copper in South America. Its flagship asset, The Lost Cities-Cutucu Project, is located in the Jurassic Metallogenic Belt in the eastern foothills of the Andes-mountain range of southeastern... see more

TSXV:ARU - Post Discussion

Aurania Resources Ltd > My take on recent financing ....
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Post by joerad1 on Mar 22, 2021 12:57pm

My take on recent financing ....

the company is drilling another duster , so rather then wait (for the results) and finance at much lower prices management  decided to rush a financing now, so that they can drill another target as soon as possible .They are desperate to save face and show the market they have something of value and not just potential.
Comment by Blanka on Mar 22, 2021 7:38pm
Perhaps Dr. B opted to throw a bone to those shareholders who had almost a million warrants expire last month and this month? Get them back on board before results from the largest drill campaign in their history. Interesting things on Sedar if one bothers to look...
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