RE: P/EI expect somebody to post here and say, "It's because their properties are reaching the end of their productive lives". I have read one or two posters spouting this line before and don't buy into it. Louvicourt is closing this year, but production from the new Duck Pond mine begins in 2006 and will more than offset the lose of Louvicourt. The current deposit being mined at Andacollo will be done by about 2010, but it is important to note that this is underlain by a larger Cu deposit that can be developed. Indeed, my expectation is that this will happen and its production will be closer to the current Cu output from Quebrada Blanca, Aur's crown jewel. Then there is Quebrada Blanca itself. With, what, a dozen or so years of production left from the current ore body, also underlain by another Cu deposit.
I have held varying amounts of Aur stock in the last, what, 8 years or so - even since the Canada Tungsten takeover. I have been highly impressed by its management. If you want a solid, conservative style - this is a good choice.
I know this doesn't help explain why the p/e is so low, but I hope you find these comments useful.