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Bullboard - Stock Discussion Forum AUREUS MINING INC T.AUE

"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 > I think IFC has sold out all their shares
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Post by vincentmtl on Aug 17, 2016 1:50pm

I think IFC has sold out all their shares

Based on the volume traded, I think IFC has sold out all thier shares.

IFC didn't get a position of BOD becuase its representative Karin has left AUE. If IFC wants to keep one position, they need to hold 6.5% of AUE shares.

Right now, it is the good time to buy more shares? I think the possibility is above 70%. MNG holds shares and it costs around 6 cents per share. MNG thought AUE has good value at price of 6 cents per share.

For the share price itself, no one can buy at the lowest price, even for institutions.

Also, no one can exclude the AUE bankruptcy, even MNG Gold. But unlikely AUE could be bankrupted. Currently it is far from bankrupcy. Wait a couple of weeks, if we have good news, the situation will be much clear.
Comment by vincentmtl on Aug 17, 2016 2:59pm
If I follow IFC investment, how much money I will lose? 90% of the investment. I really found that IFC (World Bank) has so much money, but my question is where this money from? And who is buying these shares? Small retail shareholders? No, I don't think so. Small shareholders don't have so much money. In AIM, more than 20 million shares have exchanged. It worth one million dollars.
Comment by grammadux on Aug 18, 2016 6:14am
IFC is a member of the World Bank. The get their funding from debt issuing which is pretty cheap for them because they have a AAA rating based on gurantees from the member countries. https://www.ifc.org/wps/wcm/connect/corp_ext_content/ifc_external_corporate_site/about+ifc_new/ifc+governance/funding/ourfunding I think their total investment in AUE was around $20m compared to funding of $16bn in ...more  
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