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.

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Aurania Resources Ltd

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Comment by tigerseaon Dec 18, 2007 10:43pm

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Post# 14042957

RE: Is Aurelian Worth 50% More than NG?

NG's Donlin Creek(50%) has 16.85Moz M&I+Inferred without today's released drill result assume $0 for Galore Creek(50%) and Rock Creek(100%) current market cap 644M market cap/oz = $38.22 ARU has 13.7Moz Inferred ARU market cap 949M market cap/oz = 69.27 If ARU were to use NG's valuation, each share should be worth $3.89. AND remember NG's project is in US, ARU is in Ecuador, ARU should get a discount to its share price. My own model suggest fair value of $2. ARU is being pumped too heavily and will fall very hard.

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