Aurelian vs Nexgen I have seen comparisons between Nexgen and Aurelian. One major difference. Nexgen is in one of the best mining juristictions in the world. CANADA.
When it was revealed that the Fruta del Norte deposit contained nearly 14 million ounces of gold, the market value of Aurelian Resources Inc. swelled to more than $1.6-billion and Mr. Anderson, its president and chief executive officer, was hailed as a hero by a loyal army of fanatical gold bug retail investors.
Then, everything changed.
Troubles hit when Ecuador halted all mining exploration while it developed a new mining law. Aurelian shares nosedived, losing more than half their value in a matter of days.
Mr. Anderson's standing with some shareholders took a dramatic turn in July that year, when he and the Aurelian board accepted an all-stock takeover bid from senior producer Kinross Gold Corp., worth about $770-million, not including warrants.
There you have it. Major difference. My prediction is a buy out sooner than later. That is what most junior exploration mining companie do.Forget about Nexgen mining thier discovery. That wont happen.