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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 nijinsky70on Jul 27, 2007 9:02am
292 Views
Post# 13159567

RE: Perspective..

RE: Perspective..Hi "safeharbour": Would you like that to be debt or equity? Equity would dilute our interests (presumably you are a shareholder, which means your interest). Raising money through debt is never as simple as it looks, since the carrying costs would require proper revenue stream to service that debt over the long haul. Do you still prefer an outright sale? Let us all grab the money and run!!
Bullboard Posts