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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 chillyballson Jul 10, 2016 9:36am
143 Views
Post# 25039023

RE:Wow i bought more than million shares why im not famous.

RE:Wow i bought more than million shares why im not famous.
Congratulations... You own 0.083% of the company. 1,000,000 shares should mean something but when there are 1,200,000,000 shares out(as soon as second tranche monies are out)...you are not even a rounding error. You and any equitable value you may get are insignificant.
I believe this is the very reason share price is flailing...funds with small holdings are now rounding errors and it makes no sense to continue holding so they may be liquidating.
Call it a story if you would like Toodles but unless you have a better one...this price is not rising until they are done selling.
You might get a blip when and if production starts and that is when the shorts start again .... I think ...dangerous play right now!!
Sincerely
Peter....
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