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Aurania Resources Ltd V.ARU

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

Aurania Resources Ltd. is a 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. It holds 100% of the Lost Cities - Cutucu project that covers approximately 208,000 hectares (ha) in southeastern Ecuador. It has also applied for mineral concessions in adjacent northern Peru, and for an exploration license in the Brittany Peninsula of northwestern France. Epithermal targets for Gold-Silver include Kuri-Yawi, Tatasham and Kuripan. Intrusive-related copper targets include Tatasham and Awacha. It has discovered a 15-kilometer-long trend in which silver-zinc-lead-barium occurs in the Shimpia target area, which is enclosed by the various Tiria epithermal gold-silver targets.


TSXV:ARU - Post by User

Bullboard Posts
Post by BlindBoyon Jul 14, 2006 4:12pm
430 Views
Post# 11117680

o/t Toasted and Horsey

o/t Toasted and HorseyI believe the shares showing on the TSX site are "issued" shares; not fully diluted. e.g. ARU's compare directly with the shares shown on the ARU site. ARU site: Shares Issued Currently: 30 million Fully Diluted: 33 million TSX site: Total Number of Shares 30,536,479 Shares in Escrow 3,187,500 Net Shares Outstanding 27,348,979 === You notice how easy ARU made it for a would-be shareholder to check their share issuance: it's posted right on the site in plain view. In contrast, GML makes you sift through financial statements and news releases, and piece them together to try to get a picture of the whole (not too professional, I think): TSX site: Total Number of Shares 138,260,059 Shares in Escrow 0 Net Shares Outstanding 138,260,059 WesternRookie's attempt to piece together the whole picture: SUBJECT: RE: anyone know the total shares fully diluted? Posted By: WesternRookie Post Time: 7/13/2006 00:50 From quarterly on sedar. bal dec 31 2005.... 84.6MM ADD: 19MM JAn 1 PP ADD: 23MM JULY PP 126MM outstanding add: 60MM warrants add: 3MM options ADD another 42MM warrrants from 06 PP's... I get 126.6MM outstanding (not including warrants or options ex in 06) 231.6 MM Fully dilluted... Its late... but I think thats the right number... === I don't know if this is right either (I think he "may" have double-counted something), but I'm sure the f/d number is a LOT bigger than the number the TSX site shows (which is almost surely strictly "issued" shares)
Bullboard Posts