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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 dusty51on Nov 06, 2007 7:44pm
216 Views
Post# 13763768

buyout

buyoutWhy would anyone want a buyout at this time? We have between 10 million and fourteen million ounces but this company has the potential to be a massive deposit.I say keep the drills working and continue to prove up an even greater deposit. I had shares in Arequippa and even though we got thirty dollars a share we did not get close to what it was worth because Barrick took us out early in the drill program.I would like to see some more results from stepout holes just to see how big this baby really is .
Bullboard Posts