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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 Nov 15, 2018 12:21pm
89 Views
Post# 28980588

RE:RE:Two Directors of ARU

RE:RE:Two Directors of ARUKB is flying all over the world to communicate with investors about the company. He knows that he has to try and get the stock up to $3 in order to get some of the warrants exercised. In the meantime his buddies (Kaiser and Harper) are doing their darndest to sell down. The end result? More dilution if the warrants are not exercised because the stock cannot get over $3. My understanding is that a big payment (over $2 million is coming due at the start of the new year - the lease payment) I have two questions:

1. Why did KB give so many options to these two They are obviously not contributing by going out in the field like Richard Spencer and Jean Paul Pellier?

2. Why doesn't KB have a talk with his two friends now that he has given them the options and ask them to cut it out at least until the warrants are exercised.
Bullboard Posts