RE:RE:Aura International Services Ltd.Of course we'd all like more support from North American institutions, but I've been there with Corriente and I've seen how much time and effort can go into trying to lead that particular horse to water. When gold confirms a breakout and the PEA is released showing economic copper recoveries, they will get involved in a big way, but until then, the company appears to be doing what they need to to please their Ecuadorian and Chinese investors.
It was only once the Chinese got involved with Corriente that things really started to move. The late Chinese involvement was probably due to the fact that Corriente was the first junior explorer in Ecuador and Mirador was the first major copper discovery. EGX, on the other hand, started with the Chinese.
At this point there isn't much you can do to interest NA institiutions. They'll arrive when the above conditions are met. Until then, this is still a great opportunity for retail investors who do their own DD to get in before the big guys. Again, I'm only posting here because I've been through this before and I see the exact same set-up occuring as I did with Corriente and Aurelian. It's playing out differently because of different market conditions, but in the end, someone will buy this property at a price much higher than it is currently trading for.
I expect that gold will firm throughout the summer and the PEA will come out right at the height of gold season.