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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 Aug 08, 2016 12:10pm
122 Views
Post# 25119607

RE:RE:Confused?

RE:RE:Confused?
battlemage wrote: The plant isn't producing right now, they have repairs and still need permits. Also they will need financing to bring it up to full production. I quickly read the release & that's what I gathered


You are not quite right. Product has already started and because of optimisation, sometimes they stopped the production, but they will go into full production after 60 days continuous period.

What confused me most is production is so difficult for AUE and becomes a high risk thing?! AUE is not a high tech company, OK?! Only one thing for sure they didn't find right team or qualified skilled workers in Liberia before. Labour in Liberia should be very low because Liberia is the poorest country in the world.

I still hold hope in the new team because they are from MNG Gold. It's only one month for them. And please give them more time. The market today is over-reacted. No Worries.
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