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Aurania Resources Ltd V.ARU

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

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 Greenstakeon Apr 18, 2008 4:46pm
451 Views
Post# 14987039

This mining law...

This mining law...According to what I read, this law will limit any one company to only have 3 concessions and ARU has 38.  They will not allow for court challenges etc... closed door case. The next thing will be expropriation by the government and they will dish it out to their corrupt socialistic friends. What a mess.....

That is criminal.....it is also socialism at its finest ....the same kind Jack Layton and Elizabeth May would tell us "working Canadains" would want if we allowed a Green or NDP party to gain power. I shudder to think about it.

Absolutely criminal, unethical and immoral after the amount of funds which have been poured ito these projects. 

This is the sort of thing our government should take note of and shut the door to all Ecuadorian imports until further notice.
Bullboard Posts