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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
Comment by tommygavinon Nov 26, 2006 10:01pm
413 Views
Post# 11753604

RE: ASK OCCIDENTAL PETROLEUM ....

RE: ASK OCCIDENTAL PETROLEUM ....your right thats why the stock is priced the way it is,that same deposit in canada,you could be looking north of a hundred dollars.When investing in these exploration companies,you must diversify,you don,t put all your eggs in one basket or dollars.5 to 10 % in each company in differnt countries.That way if something goes very wrong,you have lost a little,not alot and then you can sleep at night.In my opinion this election thing is not such a big problem,probably a opportunity to pick up some cheaper shares,If you want to buy,now is the best time,with the election scare over,more positive news,a escalating gold price,this stock could easily hit 50 or 60 bucks.
Bullboard Posts