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

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Comment by tigerseaon Dec 07, 2007 4:01am

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Post# 13930252

RE: My target for ARU $ 60.00 & Antoninus says..

ARU will not go above $10 in any case before all political issues are cleared. (ie, low royalty, low tax, no nationalization, and no other gov't leech) my target price remain at $1.53 status quo. 66M net current assets plus $10/oz x 14Moz = 140M 206M market value 134M outstanding shares 1.53/share value per oz 1.5times for P&P value per oz double for permit value per oz 1.5times for final financing value per oz quadruple for staple political environment adjust for windfall tax, royalty, and share dilutions

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Southern Ontario mineral processing operation receives green fund support