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

Comment by gloxinia123on Aug 18, 2008 1:57am

361 Views

Post# 15391116

RE: ARU-options

I sold out on the news at $7.11. So I should probably keep my mouth shut. Just MHO but I think you have to keep in mind that the offer involved no cash. An (approx.) $8 offer (notwithstanding the ridiculous warrant!) was based on the then sp of Kinross. Since then, K has gone from about $20 to $16. You will get the same number of K shares, but they will be worth less. This is the problem with an all shares deal. It's all relative.

I wish the investors that still hold ARU luck!

Cheers.

Bullboard Posts

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