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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 tommygavinon Dec 08, 2006 3:40pm
252 Views
Post# 11833751

ARU area plays....

ARU area plays....the other stocks in Ecuador,the area plays as well as some of the bigger companies,DMM or CTQ are down alot more than ARU,in percentage terms,so we shouldn,t feel so bad.There is on guy who is down over 60% on SKE,he had bought over 100,000 shares,very close to the top.I can really feel for that guy,I got this info from the SKe board or look at PLE. the real dog is EQBM,I ONCE OWNED IT,SOLD IT FOR A SMALL PROFIT,IT WENT FROM SOMETHING LIKE 1.20 TO LESS THAN 1 CENT.

And if you stand back and look at the whole picture,this is still a stock that went from 46 cents to 27.00,most people are happy wiyh savings accounts or mutual funds that may make 10 to 15 % a year.We are still blessed,to be in this stock,and look at the bright side,if your so inclined,its better to buy at 27 then buying at 40.00.Short term swings don,t mean anything unless your buying or selling

Bullboard Posts