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Aurex Energy Corp V.AURX.H

Metals & Mining Industrial Metals & Minerals
Aurex Energy Corp. is a Canadian resource company. The Company is focused on the acquisition, exploration, and development of a diversified portfolio of resource properties that includes natural gas, base metals, and gold. It operates natural gas reserves in the Barnett Shale, Texas, and is exploring and developing four mineral projects in two mining jurisdictions, Nevada, United States of America and Saskatchewan, Canada. The Company's projects include the Cook Gold Project and Craig Lake Project. In the Cook Gold Project, the Company owns a 70% working interest in 88 lode claims, covering 7.4 square kilometers (sq km), located 100 kilometers (km) northwest of Winnemucca, in Humboldt County, Nevada. The property provides gold and copper mineralization. The Company owns a 100% working interest, subject to a 3% net smelter returns royalty, in one mineral disposition covering 2,764 hectares near Craig Lake, Saskatchewan near Flin Flon, Manitoba.


TSXV:AURX.H - Post by User

Aurex Energy Corp
Bullboard Posts
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Comment by Warpmindon Jan 10, 2017 8:18pm
123 Views
Post# 25691581

RE:40 GRAMS GOLD IS THE AVERAGE OF THE NEW CHIP SAMPLES

RE:40 GRAMS GOLD IS THE AVERAGE OF THE NEW CHIP SAMPLESIndeed..very very good acquisition with good past results...but going concern with numbers of shares +50 000000 for 70% and 2,5 % royalty. No money for drilling unless they sell something worthy of value. 2985 $ cash liquidity is nothing...debt dont bother me as they have only 54 006$ due and about 400000$ due to insiders with no % and no term. So with a free float of 79.20M still interesting..waiting to see how they intend to find cash for exploration of this new and promising asset !!  Nevertheless...i might invest somehow !
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities