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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 RUNMC4039383on Jun 02, 2016 12:53pm
183 Views
Post# 24927517

RE:so curious how high this stock will jump first day operation

RE:so curious how high this stock will jump first day operationI'm also wondering the same thing.  It was interesting that the SP was unaffected by the announcement of a potential restart.  I thought it was a positive announcement to see that debt was  deferred until the end of the month, giving them an opportunity to get out of the hole they have found themselves in.  I'm leaning towards a restart being very close otherwise there would be no chance they could even process enough metal to benefit from a debt deferral before bankruptcy. (a little back of the envelope calculaion).  It definitely seems like the market has mostly written them off, so it might require an entire quarter of survival and production before the SP gains some momentum postively.  GLTA!
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