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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 02, 2007 9:27pm
340 Views
Post# 13194961

why

whythe buyout rumour has some credibility: 1: you quantify taxes-mininglaw 2: micon 43101 will be very conservative-it's not just the # of oz's but that it's been attested to by an independant and legally liable entity 3: the final piece, metalurgy=%recoverable: this is the FIRST TIME you have the financial and technical knowledge to value and attempt a buy out!! FROM THIS POINT ON IT WILL ONLY COST YOU MORE as more oz's are drilled SO WHY WOULD YOU WAIT? other pts:145 mil. shares fully diluted, expect micon to be conservative because of legal liability, everyone including the acquirer know this-the true #of 43101 oz's will be much higher and finally THANKS to everyone for thier insights, opinions and expertise they bring to the table-joe
Bullboard Posts