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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

Post by ts9222on Aug 15, 2016 4:28pm
212 Views
Post# 25143584

AKG reported Q2 $1,280 AISC

AKG reported Q2 $1,280 AISCAKG was supposed to be a low cost producer with AISC in the 7 hundreds. $1280 is far higher than steady state. Every miner starting out has growing pains. AKG to produce 200k oz/yr, market cap currently $1.14 Billion. In comparison, aue with half that production has market cap that is miniscule.

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