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Aurania Resources Ltd V.ARU

Alternate Symbol(s):  AUIAF | V.ARU.WT.B | AUIWF

Aurania Resources Ltd. is a mineral exploration company engaged in the identification, evaluation, acquisition, and exploration of mineral property interests, with a focus on precious metals and copper in South America. Its flagship asset, The Lost Cities - Cutucu Project, is located in the Jurassic Metallogenic Belt in the eastern foothills of the Andes Mountain range of southeastern Ecuador. It holds 100% of the Lost Cities - Cutucu project that covers approximately 208,000 hectares (ha) in southeastern Ecuador. It has also applied for mineral concessions in adjacent northern Peru, and for an exploration license in the Brittany Peninsula of northwestern France. Epithermal targets for Gold-Silver include Kuri-Yawi, Tatasham and Kuripan. Intrusive-related copper targets include Tatasham and Awacha. It has discovered a 15-kilometer-long trend in which silver-zinc-lead-barium occurs in the Shimpia target area, which is enclosed by the various Tiria epithermal gold-silver targets.


TSXV:ARU - Post by User

Bullboard Posts
Comment by idleweisson May 03, 2018 1:45am
190 Views
Post# 27974466

RE:the share price

RE:the share price
We need to look at the market cap not the share price. Does the market cap reflect the following: 1. The management expertise 2. The potential of the property 3. The probability of finding something not necessarily gold For my part I wish they would start drilling soon. They have enough targets now. I asked management about the wisdom of hanging on to the entire property and paying $2 million dollars for it and I was told that they are not comfortable giving up anything right now. That means that management feels that there are simply too many targets right now. I think that they will find something.
Bullboard Posts