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Aura Minerals Inc T.ORA

Alternate Symbol(s):  ORAAF

Aura Minerals Inc. is a mid-tier gold and copper production company. The Company is focused on operating and developing gold and base metal projects in the Americas. It has four operating mines, including the Aranzazu copper-gold-silver mine in Mexico, the Ernesto/Pau-a-Pique Project (EPP) and Almas gold mines in Brazil, and the San Andres gold mine in Honduras. The Company’s development projects include Borborema and Matupa, both in Brazil. It has unmatched exploration potential, owning over 650,000 hectares of mineral rights and focuses on advancing multiple near-mine and regional targets along with the Serra da Estrela copper project in the prolific Carajas region of Brazil. The Company has the right to explore the Pe Quente and Pezao Projects in the State of Mato Grosso, Brazil. The Aranzazu Mine is an underground copper mine that is located within the Municipality of Concepcion del Oro in the State of Zacatecas, Mexico. The San Andres Mine is an open-pit heap leach gold mine.


TSX:ORA - Post by User

Bullboard Posts
Comment by bobvee15on Dec 28, 2015 6:13pm
61 Views
Post# 24415451

RE:RE:RE:more than 8 mil. shares traded...

RE:RE:RE:more than 8 mil. shares traded...I am pretty sure the selling volume was TS changing strategy realizing this company after a month of idle production is not in much better financial condition than Atna which has recently gone into bankruptcy. A firm where I believe he has suffered a total loss.

Unfortunately, it was impossible to reform this company to behave in a logical operating manner  given the evasive moves the major shareholders performed to keep the status quo going by issuing more shares to a friendly party.

This move coupled with their shady connection to Yamana to me implicates the company is really nothing but a corporate shell  run for those parties personal benefit.

BTW

I was the big seller here in the last volume spike.
Bullboard Posts