Aurania Resources Ltd V.ARU

Alternate Symbol(s): AUIAF | V.ARU.WT.B | AUIWF

Metals & Mining Industrial Metals & Minerals

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

Aurania Resources Ltd

Bullboard Posts

Post by joeking09on Sep 07, 2007 3:49pm

314 Views

Post# 13358939

yamana/meridian

is willing to pay 3.2b for 7,492,000ozs with by-products paying for mining costs;7.492mil.ozs x$550 gold price=4.120b-3.2b(price paid)=920mil profit ARU 12mil.ozs x (550-200(175op.cost+25royalty)350=4.200b-3.200=1000mil profit(NOT TO MENTION ALL THE UPSIDE+by-products) 3.200b/145mil.shares=$22.00ARU and we trade at$7.00-joe

Bullboard Posts

Visionstate set to leverage success in the U.S. market