Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > structure page
View:
Post by Trallalainvest on Jan 16, 2017 12:49pm

structure page

Did you see the structure page?

There is alot more inside avesoro then just the key gold mines?

Seem to have alot of offshore tax free shell co's but are we also majority holders of steller diamonds and other listed companies??? we must be. But they are only using beamount mining company for our financial statements? which must go through Mano gold prior to us actually seeing any documents??

We go through 5 companies just to get to the new liberty mine?

I think value of Avesoro is much highier Avesoro resources owns 75% which is then 100% owned by MNG. But look at all those other companies listed within Avesoro resources. They must be able to keep money hidden in some of those offshore shell co's to keep taxes down and what ever else they are doing.

Structure seems very strange to me can anyone else comment and offer further insight. I think Avesoro Resources has alot more to it then it appears this the reason for such high outstanding shares and the reason MNG is holding 75%.

If they arnt holding as high ownership as they are then someone would have controlling interest in all those other companies. Could this be the reason why they issued so many shares and keep high ownership.

Starting to feel like we are a shell company too but if someone can get majority ownership I think they would have alot more assets then when is presented.
Comment by RiverOrion1 on Jan 16, 2017 4:28pm
ifyou watch some of the old videos with david reading there is more than just liberty mines.  they picked up other territories close to liberty overtime.  there is a lot more mines than i think people realize  andi think there is a lotmoregoldthan people realize.  more studies need to be done but there is a lot more than we think and talk about.  all in an area that has ...more  
Comment by reefsandals4eva on Jan 16, 2017 4:44pm
When you refer to the financing being completed at the end of the month, do you have any info on that? A source or something I can look at? This has done everything I thought it would do except pay off.
Comment by RiverOrion1 on Jan 16, 2017 9:29pm
ihear ya on that. avesoro is in talks with creditors about its loans, restructuring.  i also heard that mng would possibly guarantee payments.  google it.  cant remember where i saw it.  should be done by months end.   
Comment by reefsandals4eva on Jan 17, 2017 3:05am
I think I found what you were referring to. It was on the Dec. 15th news release. There was nothing hidden about it, I just didn't read it yet.
Comment by Trallalainvest on Jan 17, 2017 3:01pm
Yes stellar diamonds i miss read we have under 3% ownership in that co through avesoro. There are alot of other assets though with huge potential. Im sure through some of those offshore companies there is extra money put away for future development or asset purchases. I think we will see a new bull market for gold, the people trump is putting in place is indicative to this. I think reversesplit ...more  
Comment by reefsandals4eva on Jan 17, 2017 8:34pm
Looking at the structure of the company, I went under the "board" heading and found MNG does in fact employ 20000 people. They didn't issue over 5 billion shares to do a reverse split to get the price over 2 dollars, they'd of just issued less shares if that were the case. They're not intending on having a company IPO under 2 dollars, in my opinion, that would be ridiculous ...more  
Comment by Trallalainvest on Jan 18, 2017 1:51pm
Show me where u have information about the shell companies within avesoro. This is the hidden stuff I want to know about, could have hundreds of millions hidden in these.
Comment by RiverOrion1 on Jan 18, 2017 4:23pm
there are no shell companies.  these are companies that had mines and that over time aureus picked them up.  aureus now avesoro, has a bunch of properties in liberia that have potential for gold.  they have gold but they need to do more studies to find out more precisely whats there.  avesoro could be pulling gold out of the ground for years, way beyong new liberty.   ...more  
Comment by RiverOrion1 on Jan 18, 2017 4:18pm
budddy, i think u are confusing mng group and mng gold.  mng group has over 20 000 employees  if u finished reading that sentence u would have caught the rest.  there is no ipo, ipo means initial public offering, we already have shares and there is no merger.  not sure what you are reading.  there are 5 plus billion shares of avesoro, whiich is75+% owned by mng gold, which ...more  
Comment by reefsandals4eva on Jan 18, 2017 5:12pm
I'm not going to bother arguing with you. I should have kept it to myself. 
Comment by Trallalainvest on Jan 18, 2017 6:09pm
I agree with Orion But there must be some advantage to those offshore holdings and keeping them under them. Usually for tax purposes offshore(shell) company could be holding back capital or charging expense fees etc. We will never know you cant get any information on them. Sometimes they have the names of the Co leaked but wont be able to see financials. Im thinking they might have done something ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities
USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse