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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 joeking09on Aug 01, 2007 9:47pm
622 Views
Post# 13189184

juicy rumour?

juicy rumour?says you can prepare a buy out valuation if you accept worst realistic case-mining law; corp.tax + up to 5%royalty; 43101 says 10.5-12mil.oz this will be confirmed prior to aug.17; so what isn't known and the REAL KEY to the buy out is the METALURGY which determines NET OZ'S and MINEABILITY, the metalurgical report will be out prior to aug.17: JUICY RUMOUR going around is $12 for FDN. FUNDS control 40% + (9.9% this corp owns). FUNDS ave. price is <$4.00, ARU MANAGEMENT 15% are explorers not mine builders and ARU focus shifts to el tigre deposit and other drill sites. does this sound realistic, comments from the board.
Bullboard Posts