Aurelia Metals Ord Shs V.AMI

Primary Symbol: AUMTF

Metals & Mining Industrial Metals & Minerals

Aurelia Metals Limited is an Australia-based gold and base metals mining and exploration company. The Company owns and operates two underground mines and processing facilities in New South Wales: The Peak Mine is in the Cobar Basin in western New South Wales, and the Dargues Mine is in south-eastern New South Wales. The Peak Mine is located in the northern Cobar Basin, south of Cobar in central-west New South Wales (NSW). The Dargues Mine is a gold mining and milling operation located in the Southern Tablelands region of NSW, approximately 60 km south-east of Canberra. Its preeminent near-term development projects include Federation and Great Cobar. The Federation deposit hosts high-grade zinc, lead, and gold mineralization and is located approximately 10 km south of Hera Mine. The Great Cobar Project involves the development of a satellite base metals and gold deposit, north of the New Cobar mining complex at Peak Mine.

OTCPK:AUMTF - Post by User

Aurelia Metals Ord Shs

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Comment by Moneyman777on Dec 20, 2012 10:27am

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Post# 20755328

RE: Short interest

Probably, tax loss selling. Should only continue for a few more days. Some people could have got in around the 1.70 to 2.40 range and feel a little burned. You never know, even though AMB looks to be a company that can spin out huge cash flow, some times for some unknown reason they trade at low valuations. I owned Neo Materials back in the day, traded at 6x PE but had relative growth numbers and a ROE that was in line with apple. Sadly its trapped in a horrible company called molycorp. :( sad face.

Anyways, I think its just volatile, there was a lot of positive news that kept things moving up the last three months. Now we don't have anything, and its always quiet for the hollidays.

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