AuQ Gold Mining Inc AUQ

Primary Symbol: V.AUQ Alternate Symbol(s): NSVLF

Metals & Mining Gold

AuQ Gold Mining Inc. is a Canada-based mineral exploration company. It is engaged in the acquisition, exploration and development of mineral property assets in Canada. Its Lac Bruce lithium properties are located in the vicinity of the Mia Li-1 and Mia Li-2 lithium occurrences in the James Bay region of Northern Quebec. Its West Block comprises 61 claims covering over 3,150 hectares (31.5 square kilometers (km2)). Its Central Block comprises 46 claims covering over 2,380 hectares (23.8 km2). Its East Block comprises 26 claims covering over 1,340 hectares (13.40 km2). Its Partridge gold project is located in the Abitibi region of northwestern Quebec, over 25 kilometers (km) north-northwest of the town of La Sarre and 720 km northwest of Montreal. Partridge gold project comprises several claims’ blocks covering over 106 km2. Its Eliza is located in the James Bay region of northwestern Quebec, over 300 km north of Matagami, 500 km north of Val d’Or and 820 km northwest of Montreal.

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AuQ Gold Mining Inc

Bullboard Posts

Comment by sammenardon Mar 05, 2007 8:54pm

221 Views

Post# 12360431

RE: Re: 2 to 1 share

The Newco share will have an initial value (determined by the board of directors)when the company starts to trade. Once the shares become free trading, the market will determine their value...it could go up or down. The only example of a Newco that comes to mind is v.cao which was spun off from RSC. It opened in mid August at .75 cents and then slipped for the next couple of months to .33 cents. The sp then climbed back up, hitting about .91 cents before retreating back down to .66 cents today. IMO that the whole purpose of this merger is to position both companies for a buy out from a bigger company. Nothing short of that is worth the effort. JMO. Sam

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