Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Post by ts9222on Jun 13, 2016 4:03pm
130 Views
Post# 24961459

US $5.5m cash only 1 month ago

US $5.5m cash only 1 month ago>> So even if they restarted today (which is impossible)

Treetop how many times have you been proven wrong? I've lost count.
How come you never replied to your WRONG proclamation of production disaster for tgz when they had record production, the exact OPPOSITE of your claims?

You declare it is IMPOSSIBLE for production to restart and they have no cash with no basis in fact.
On May 13 they reported cash of US$5.5 m. That is after Q1 end when they sold the 3.4k oz gold.
https://finance.yahoo.com/news/aureus-mining-inc-financial-results-110000681.html
"The Company currently has US$5.5 million of cash and is monitoring its working capital position closely."

$5.5m just 1 month ago is hardly no cash as you claim. Accounts payable doesn't have to be paid immediately. Companies often can delay many months before paying.

AUE just stated they are targetting production to restart soon mid June (there are always delays in mining so give that target a bit more time). But you claim it is IMPOSSIBLE. Let us see how your sky is falling end of company disaster declarations and impossible restart predictions turn out. Let's see if time proves you wrong AGAIN.

 

<< Previous
Bullboard Posts
Next >>

USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse