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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 rich9on Sep 27, 2006 9:43pm
393 Views
Post# 11430953

ARU will soar if price of gold takes off

ARU will soar if price of gold takes off The way I see it, if any major is seriously interested in buying out ARU, they better do it before the price of gold starts to take off again. Now, I'm not saying that it's a sure thing that Gold is going to 750.00-850.00/ounce, but if gold hits those numbers in the next few months, even the turkey's are going to fly. Now, if two-bit juniors with absolutely nothing but cow-pasture to show for themselves, double or triple in share-price, what do you think is going to happen to the share-price of ARU? The majors have to be a little anxious and I think that as soon as it becomes clear that Gold is heading north again big time, they will make their move on ARU A.S.A.P. Alternately, if the price of Gold drops to 500.00/ounce in the next little while, this too will cause them to make a move on ARU asap. In any event, I believe that if there is a major move up or down in the precious metals market, we will have our bidding war for ARU. JMHO
Bullboard Posts