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 esselte25on Apr 23, 2008 12:27pm

292 Views

Post# 15001116

RE: Valuation, mrmomo

I know my calculation is very simplistic and that's because I'm an engineer. I'm not consiedering any upside potential as you are. It is not worth doing it righ now! Just a waste of time IMO.
The point is this stock is worth a lot more than $ 1.40, even under this messy situation.
I was not buying ARU shares @ $ 8 or $ 10, but I will be buying at $ 3.50 as I think the SP is way undervalued.
By the way mrmomo, if you dislike my numbers just ignore my post and take it easy dude, this bord is to share opinons not to fight.
eom

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