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Aurania Resources Ltd V.ARU

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

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

Bullboard Posts
Comment by rogueeconon Sep 12, 2008 11:36am
409 Views
Post# 15451702

RE: Anyone else still not tendering

RE: Anyone else still not tenderingLikewise I won't be tendering; will keep a tight fist on my "Contra" shares until the bitter end.

Aurelian's board must have been stacked with fools (how ever could Andre Gaumond have approved this deal? bogles the mind!) but one can't blame Kinross for the takeunder.  A series of improbable events presented the opportunity and they were bold enough to seize the best find in the past two decades for a pittance of dilution.  Must be the most accretive deal I've heard about since the robber barons of the late 19th century.
Bullboard Posts