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Aurania Resources Ltd V.ARU

Alternate Symbol(s):  V.ARU.WT.B | 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 Ecuador. The Company holds a 100% interest in the Lost Cities Project, comprised of certain mineral concessions covering approximately 207,764 hectares (ha) in southeastern Ecuador. The Company’s land position in Peru consists of a total of approximately 130 concession applications and concession titles covering 128,700 ha. The Company has no steady source of revenue.


TSXV:ARU - Post by User

Bullboard Posts
Post by Brieguyon May 30, 2007 11:47am
194 Views
Post# 12863354

Antonious

AntoniousI hate seeing someone being picked on but think about what you are saying. You have made some valid points and even though I disagree there is nothing wrong with a little concern over the ambiguity. However you say you understand 3rd world investment politics. If that is true then you should be able to see that there is not a country in the world that has this type of policy. Not even close. Logically why would the Equadorians be the first. Who would invest in their country. Simply KNOW ONE. They are most definitly going to levy a tax but it would serve no purpose to make it so ugly as to scare potential investors away. Just think about the logic of your argument. ARU will be a very profitible Co there is no doubt and the Equadorians will share in that profit without putting a "gun to anyones head".
Bullboard Posts