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Bullboard - Stock Discussion Forum AUREUS MINING INC T.AUE

Metals & Mining Gold
"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 Discussion

AUREUS MINING INC > GCM.T is better than AUE.v
View:
Post by papa101 on Jul 05, 2016 4:15pm

GCM.T is better than AUE.v

GCM has 150 million shares, AUE 1.2 BILLION shares. GMC posted 10.8 million dollars net profit at q1, 2016 .. AUE posted 8 million loss.
GCM has bigger gold reserve than AUE.
GCM production increased 36% this year AUE is not producing currently
GCM all in sustaning cost under 800 dollars AUE over 1,000 dollars..
Comment by TheRock07 on Jul 05, 2016 6:04pm
GCM is loaded down with huge debt. Avoid..
Comment by ts9222 on Jul 06, 2016 12:31am
They didn't really make $10.8m in Q1 from operations. They had a one time gain on financial instruments of $19.6m from mark to market on the gold and silver notes. https://www.grancolombiagold.com/news-and-investors/press-releases/press-release-details/2016/Gran-Colombia-Gold-Announces-First-Quarter-2016-Results-Steady-Improvement-in-EBITDA-Costs-and-Production/default.aspx "Gran ...more  
AUREUS MINING INC