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Aurion Resources Ltd V.AU

Alternate Symbol(s):  AIRRF

Aurion Resources Ltd. is a Canadian exploration company. The Company is focused on exploring its Flagship Risti project, as well as advancing its joint venture (JV) properties with B2Gold Corp. and Kinross Gold Corporation in Finland. Its wholly owned Risti Property covers approximately 167 square kilometers in the Central Lapland Greenstone Belt (CLGB) in northern Finland. The Risti Property is located about 20 kilometers (km) north-north-west (NNW) of Sodankyla and is accessible via paved and all-weather gravel roads through rolling hills and forests. The gold discoveries at Risti include Aamurusko Main, Aamurusko NW, Notches, YNOT, A2 and Tikka. The property also hosts the Kaaresselka prospect. Its properties also include Sukuvaara Prospect, Launi West Property, Sila Property, Savu Property, Auermaa Property, and others. Its JV area includes discoveries, such as Helmi Prospect, Vuoma Prospect, Kutuvuoma Prospect, Kutuvuoma East Prospect, Sinerma Prospect, and Kiekeromaa Prospect.


TSXV:AU - Post by User

Bullboard Posts
Post by vitreum3on Jan 16, 2018 4:08pm
346 Views
Post# 27371200

The news is already known to some, just not yet out

The news is already known to some, just not yet outNot sure if  they will release, or even have, assays yet. The next news will likley be about numbers of holes drilled, depths, a description of cores and identification of visible gold showings. I suspect that they have a lot of barren  or anomalous cores as visibly bad cores can be kept quiet much longer than visibly good cores. It does not matter how tight a camp is, news about rich gold grades will out especially as the Drill crew is not staying in an onsite camp, Lots of opportunity for loose or boastful lips to pass on good news to pretty girls or amiable drinking companions. Hearing nothing good so do not expect a great deal from these holes, maybe a few with low gold grades or short intersections of pay.
Should they not hit some of the rich grades found in the surface boulders, the share price will take a major hit ... although arguably bad news may be partly priced in.
Bottom line is that some already know what to expect and there is not a great deal of excitement or anticipation.
Aurion may be playing "Where's Goldo" for some time.
Bullboard Posts