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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 advice4U2on Feb 08, 2007 11:14pm
176 Views
Post# 12194126

RE: February 8th from El universo.com

RE: February 8th from El universo.com"but it does go on to say that changes are a foot...." even if the changes were in the form of royalties or taxes there is no way that would justify 25% off the high of this stock. This is getting ridiculously overdone IMO. I still look for 60.00 plus buyout and hopefully this starts a bidding war. I'm almost positive that suitors are buying cheap shares to average down their buyout cost and that the eeerie silence we have seen in the past week or two is more eviidence that the company doesn't object to this because they probably need to shake out more shares as the float is not very big.
Bullboard Posts