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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 vincentmtlon Aug 17, 2016 1:50pm
258 Views
Post# 25150908

I think IFC has sold out all their shares

I think IFC has sold out all their shares
Based on the volume traded, I think IFC has sold out all thier shares.

IFC didn't get a position of BOD becuase its representative Karin has left AUE. If IFC wants to keep one position, they need to hold 6.5% of AUE shares.

Right now, it is the good time to buy more shares? I think the possibility is above 70%. MNG holds shares and it costs around 6 cents per share. MNG thought AUE has good value at price of 6 cents per share.

For the share price itself, no one can buy at the lowest price, even for institutions.

Also, no one can exclude the AUE bankruptcy, even MNG Gold. But unlikely AUE could be bankrupted. Currently it is far from bankrupcy. Wait a couple of weeks, if we have good news, the situation will be much clear.
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