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Aurelia Metals Ord Shs V.AMI


Primary Symbol: AUMTF

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

Bullboard Posts
Post by uniqueoddityon Jun 17, 2013 6:25pm
152 Views
Post# 21540093

Lack of news

Lack of news

At this rate seems we'll have to wait till the AGM in July to get any information out of them!!!  They haven't announced any new gravel contracts for the twinning of highway 63 or for in the Oilsands.  Nor have they provided an update on the progress for the frac sand deposit.  Both of these suggest that there won't be much new growth for this company

 

At the very least they should start buying back shares like they put aside money to do to help shore up the stock price and show that the company still has support in itself.

Bullboard Posts