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AUREUS MINING INC T.AUE

"Aureus Mining Inc acquires, explores for and develops gold properties in the West Africa, specifically the New Liberty Gold Mine in Liberia. Its business segments are Liberia development, Liberia exploration, Cameroon exploration, and Corporate."


TSX:AUE - Post by User

Comment by vincentmtlon May 13, 2016 11:20am
114 Views
Post# 24870266

RE:Need a change in management

RE:Need a change in management
AUE is a very young mining company if you consider when they acquired the assets. Mining is a very high risk sector. So many mining companies continue to dig for very long time, even more than five years, but these companies traded triple share price than January.

AUE has mines with around 3g/t gold. I believe their cash cost would be much lower than today. What we need is patience. I don't believe I buy some shares and I then would double my value in several months. What we can do is wait and wait.

Summer is coming and go out side for walk. After enjoying this summer, we will see some new results.
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