GREY:OLEPF - Post by User
Comment by
socalbernieon Jun 07, 2006 2:25pm
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Post# 10958317
RE: visable gold
RE: visable goldAurelian Resources Inc. (TSX-V: ARU, shows 30 million shares outstanding (33 million fully diluted). That gives them a current value of almost Cdn.$600 million. Despite the current downdraft in gold and gold shares this shows that the exploration sector is still capable of generating some extreme enthusiasm.
https://www.aurelian.ca/investors.php
I think this is bit excessive in the case of ARU especially considering the location of the Ecuador discovery right between the wonderfully stable countries (sarcasm intended) of Bolivia, Peru, Columbia and Venezuela.
https://www.gate1travel.com/south-america-travel/maps/MapSouthAmerica.gif