ARCTF: Effective Jan. 10,2018: Pursuant to an arrangement agreement, AuRico shareholders will receive $1.80 in cash for each common share of AuRico held.

FINRA will delete the symbol.

http://otce.finra.org/DLDeletions

By the way, AuRico released 3rd quarter earnings tonight. Another record quarter of revenue. Their October presentation stated that they had C$28 million in cash. Their end of September release tonight had cash at C$18.8 million. Money disappears quickly at AuRico.

The only way to learn is to ask questions. I have to admit, some of your questions I didn't know the answer. Thank you Google!

I know what you mean about work schedule and trying to find a new play. I'm guessing I did about 15 hours of AuRico research a week just to make sure I was right on my assessment. That's a lot but I had a lot invested. I do have many hours of AGI and TRQ to fall back on. Airlines are another that I researched heavily. Have to wait on the right time to enter. Usually good about a week before Thanksgiving to get holiday travel increase and business travel picks up too. Just don't want to impulse buy right away.

good luck to you as well

Good luck to you! Your DD was always appreciated- as well as your patience answering my not-too-bright questions.

I have pretty much decided to sell also- currently my work schedule is kind of overwhelming. I have no time to research the next play.

And yes- it shouldn't matter whether a shareholder has 1 share or 100,000 shares. An answer to any email (including mine) most certainly should have been forthcoming.

Thanks again for your help along the way.

Cat

I will do some research on these and hopefully find something that will jump out. Best of luck!

OK, I've calmed down and am think rationally now. I sold all of my shares today at $1.3902. I realized that proving a point and holding my shares until the end made no sense. That would be 2 months of dead money just to make an extra penny. Not worth it. I decided to look at AuRico as a relationship. I put a lot of time into it and, in the end, they don't care about me. Should I stay upset or move on? I say move on. Nothing I can do can change the result. I received no email reply from AuRico or Alamos about the cash on hand. Just for the record, I owned more shares than Richter and think that investment deserved a response. I think if anyone owned 1 share and questioned them, they should get a response. This is big business. In big business, people at the top look out for only themselves.

I wish everyone here the best of luck in their investments. You can always find me on SGGDF board as that will be my new relationship. Stop in to say "Hi" or talk about anything if you feel like it. I hope you appreciated my research and opinions here. I know I sounded like a pumper at times but I believed in the many hours of research I did and was happy to pass it on to any who was willing to read. Finally, thank you for all the input you provided to me. I always have my ears open hoping to pick up things that are helpful.

R.I.P. AuRico Metals

hitman558 thank you; I encourage all shareholders to email the company
and demand our share of the cash. They have C$28 million in cash and no
debt.
That cash belongs to all shareholders.

info@auricometals.ca

Centerra Gold’s acquisition of AuRico Metals -
November 7, 2017 08:00 AM EST


Centerra Gold and AuRico Metals will host a joint conference call on
Tuesday, November 7, 2017 at 8:00 AM Eastern Time for members of the
investment community to discuss the transaction.

The call-in details are as follows:

North American participants should dial the toll-free number: (800) 404-5245

International participants may access the call at: +1 (416) 981-9070

The call will also be webcast live by NASDAQ and can be accessed at:
https://edge.media-server.com/m6/p/o3q7qtwg

A copy of the investor presentation is also available on
the Centerra Gold and AuRico Metals websites at
http://www.centerragold.com and
http://www.auricometals.ca respectively.

4 An audio recording of the call will be available shortly after the call
and will be available until midnight Eastern Time on Friday, December 8, 2017.
The recording can be accessed by calling (416) 626-4100 or
(800) 558-5253 and using the passcode 21862384.

Corporate Presentation & Upcoming Events -

http://www.auricometals.ca/investor-information/events-and-presentations/default.aspx


Good evening mick, good viewing/ $AMI

re;
http://www.mining.com/web/two-overlooked-streaming-stocks-with-huge-upside-potential/

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134834404

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134491217


Aurico Metal Inc. (AMI) Latest Corporate Presentation -


http://www.auricometals.ca/investor-information/events-and-presentations/default.aspx


http://www.auricometals.ca


https://investorshub.advfn.com/Aurico-Metal-Inc-AMI-9242/

Aurico Metals Inc TSX:T.AMI






http://www.stockscores.com/charts/charts/?ticker=t.AMI

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134491217


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134223301

I believe AuRico Metals just got up listed -


http://www.marketwatch.com/story/sp-dow-jones-indices-announces-changes-to-the-sptsx-canadian-indices-2017-09-08-17202150










https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134223301


In GOD We Trust -




http://www.kitconet.com/images/live/au0001wb.gif

Bitcoin Trading Platform -

https://moneynetwork.usitech-int.com/

Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless

I encourage all shareholders to email the company and demand our share of the cash. They have C$28 million in cash and no debt. That cash belongs to all shareholders.

info@auricometals.ca

That would be nice- but agree it's unlikely. We get to vote on this right? I'm going to vote against it- not that it will make one bit of difference.

At this point- I plan to keep my AGI and except for ARCTF I have no other miners at this time.

I just sent them this email and will post any reply I get.

"As much as I disapprove of this merger at the price you sold at, I find it hard to believe that you are giving them our cash on hand. That money belongs to the shareholders and should be given out as a special dividend. Otherwise, that C$310 million price is actually C$282 million. Please explain how they get our cash too."

Good luck to you too. I plan on emailing AuRico just to point out that the cash on hand belongs to shareholders and should be given out as a special dividend. They won't reply but selling this low and giving them our cash is a bit much.

90 day hold, would have liked more, but 68% in 90 days is a great trade....I wish you all the best....on to the next one....

holding

VITFF
GG
KNDYF
ALXDF
TOGOF
ATADF
IDMMF

Hoping for more of the same, thanks!

Actually, based on Canadian exchange rate today of .77, $1.404. Very disappointed in this deal. I plan to vote "no" on the merger even though it won't matter. They valued their assets at $4.56 and we settle for this? This would be terrible just for the 2 mines but they get the royalties and cash on hand. Great pick-up by Centrella at a steal.

I have not sold a single share. The worse I can get is $1.404. I'm going to hold until the end as I think another player may jump in with a better bid. If not, $1.404.

Well- the $1.40 has just arrived.......

What's with the after hours trades? Yesterday 48,000 buy and today a 50,000 buy.

I think we should see earnings report around Nov. 9th, if history repeats. Looking for more record revenue and another yearly revenue projection increase. Way under-valued.

Lots of short manipulation going on in miners. Don't panic and let them cover.

Thank you.

Basically, brownfield is an existing development site while greenfield means the site has not been developed.

That's an excellent read. Could you help meiwth this? I am not familiar with "brownfield" or greenfield" as it relates to mining.

Kemess is in an excellent geographic jurisdiction and it’s also a brownfield opportunity.

“We like to point out that close to $1 billion of replacement cost infrastructure is already in place. That is a huge advantage when you consider that – relative to green-field opportunities – there had already been a lot of tactical work done on Kemess, which has a very big deposit,” says Richter.

http://www.cbj.ca/aurico-metals/

We'll get there. That little spin-off is beginning to be worth something. That's nice!

OK...maybe Thursday

Should easily hit $1.13 tomorrow maybe as high as $1.17.

Just me thinking out loud but, does anyone else think once the merger of Alamos and Richmont is complete that AuRico will pick up a royalty on Island Gold? That would be a nice addition to their royalty portfolio.

ARCTF

Are you looking at AMI.TO which is currently at $1.35 or ARCTF which is at 1.05?

Alamos and Kirkland had outstanding 3rd quarter production and high sale prices. Look for AuRico to have another quarter of record revenue and another increase in 2017 revenue guidance. See you at $1.40!

Don't know the answer to that but I'm sure they could find someone smart enough to handle it.

I have never invested in and have virtually no knowledge of copper mining. Is it entirely different from gold mining such that there
would be a steep learning curve or is there enough similarity that AGI, for instance, could move into the field without a lot of difficulty.

From Investopedia:

An offtake agreement is an agreement between a producer of a resource and a buyer of a resource to purchase or sell portions of the producer's future production.

I still say AuRico never mines there. I am 99% convinced that they will sell Kemess and grab a royalty. Interesting that Alamos extended their line of credit to $400 million. Although, Alamos is not a copper producer...yet. Just my opinion.

Thanks! This is quite interesting, I've not heard of panel-cave mining before. If they go forward with this I'll have to read up on it. Also not sure what "off-take" discussions are.

Copied and pasted from The Northern Miner

Site visit: AuRico nears construction decision at Kemess

POSTED BY: MATTHEW KEEVIL SEPTEMBER 29, 2017
14
PRINCE GEORGE, B.C. — There’s a certain sense of momentum at the historic Kemess mine site in north-central British Columbia. AuRico Metals (TSX: AMI; US-OTC: ARCTF) has hit numerous milestones this past year, and could be positioned to make a construction decision on the project within the next eighteen months.

The past-producing property sits in a spruce-lined valley nestled between sub-alpine plateaus and rugged-incised peaks, west of B.C.’s Swannell Ranges.

President and CEO Chris Richter explains during the 430-km, northbound flight from Prince George that he often uses 40-km long Thutade Lake as a map marker to reference the project location within the Omenica Mining Division.

Kemess’ history in B.C. mining lexicon incorporates joint success and failure. Northgate Minerals ran a highly-profitable mine at the Kemess South (KS) open pit between 1998 and 2011, which produced around 3 million oz. gold and 750 million lbs. copper.

When Northgate attempted to permit an extension at the Kemess North deposit in 2007, however, it was rejected after a federal review panel cited concerns over “significant adverse environmental, social and cultural effects.”

The main issues reportedly involved consultation with First Nations and plans to dispose of tailings and waste rock in nearby Duncan Lake.

AuRico Metals President and CEO, Chris Richter. Credit: AuRico Metals
AuRico Metals President and CEO, Chris Richter. Credit: AuRico Metals

“In many ways, I think there was a failure in building relationships,” Richter elaborates during a presentation at the Kemess site. “That was obviously a different time in the industry, and we recognized potential here that could be unlocked if approached the right way. So we’ve collaborated on a mine plan that’s really been supported by government and stakeholders.”

AuRico re-imagined the project as an exclusively underground operation leveraging panel-cave mining and existing infrastructure, which includes a 300-person camp footprint and 52,000-tonnes-per-day plant facility. The site is connected to the BC Hydro grid via 380-km power lines running to the town of Mackenzie, B.C.

Panel caving differs from block caving in that it does not require “all footprint development to be completed ahead of cave initiation.”

The company filed a feasibility study (FS) on the Kemess Underground (KUG) calc-alkaline porphyry deposit in mid-July.

The production schedule targets proven and probable reserves of 107 million tonnes at a head grade of 0.27% copper, 0.54 gram gold per tonne and 1.99 gram silver per tonne, which equate to roughly 630 million lbs. contained copper, 1.9 million oz. contained gold, and 6.9 million oz. contained silver. The project’s measured and indicated resources total 246 million tonnes at 0.22% copper, 0.42 gram gold and 1.75 grams silver.

AuRico intends to deposit waste rock and tailings in the old KS pit.

“The project obviously had some issues with waste management in the past,” says COO John Fitzgerald, who served as director of mining at Northgate, while standing under the vaulted ceilings of Kemess’ mechanical bay.

“We’ve designed a mine plan that’s backed by First Nation communities, and the government has also given us a green light,” he continues.

AuRico received approval from the Canadian Environmental Assessment Agency (CEAA) and British Columbia Environmental Assessment Office (EAO) in mid-March. Furthermore, the Tsay Keh Dene, Kwadacha, and Takla Lake First Nations provided letters of support for the project. The company expects to have permits in hand by the second quarter of 2018.

“We were obviously very happy to have our environmental approval in place before a change in government because it’s never a sure thing,” Richter comments when asked about B.C.’s recently-elected New Democratic Party (NDP) government.

“But we regularly speak with the regulators and our First Nation partners, and the message we’re getting is that the new government remains friendly in terms of Kemess, and mining generally,” he continues.

AuRico figures it will need around $524 million in pre-production expenditures to restart the mine. The cave operation is expected to produce 106,000 oz. gold and 47 million lbs. copper annually over a 12-year mine life.

Underground infrastructure additions include four single-toggle jaw crushers, while ore would be transferred to an overland conveyor for delivery to the existing process plant. The operation is expected to average steady-state production of 25,000 tonnes per day.

In addition, Fitzgerald explains, during a tour through the dimly-lit Kemess mill facility, that “minor mineralogical differences” in underground ores will require a finer grind. AuRico has assumed metallurgical recoveries of 91% copper, 72% gold and 65% silver.

The KUG deposit is visible during a picturesque helicopter flight 6.5 km due north of the camp.

The ore body lies in a range between 200 metres and 550 metres below surface, beneath two north-facing alpine cirques marked by rust-coloured slopes. Fitzgerald points out the planned position of triple declines, and explains that material would travel over a 4.9-km surface conveyor to the forest-green process plant in the distance.

AuRico’s base case for KUG assumes long-term metal prices of US$1,250 per oz. gold and US$2.50 per lb. copper. The current study features a 12.6% after-tax internal rate of return (IRR) and a $289-million net present value at a 5% discount rate. The company estimates co-product all-in sustaining costs (AISC) over first five years of US$682 per oz. gold and US$1.36 per lb. copper.

“It’s clearly pretty rugged topography, to say the least, but we’ve really worked that into the way we’ve designed the declines and access for the underground. Plus we have a much lower ratio of waste to ore than a lot of underground operations,” Fitzgerald comments.

“That’s allowed us to design a tailing management plan that takes advantage of what we have on site. It’s really one of the benefits of panel-cave mining. I guess our challenge now revolves around how we can expand this project and incorporate future growth,” he adds.

AuRico is currently contemplating ways to include the nearby Kemess East (KE) deposit into its underground design. The expansion opportunity is underpinned by measured and indicated resources of 113 million tonnes grading 0.38% copper, 0.46 gram gold and 19.4 grams silver. The resource lies between 800 metres and 1,140 metres below surface.

The company unveiled a stand-alone preliminary economic assessment (PEA) on KE in May, and intends to release a combined prefeasibility study (PFS) on both underground deposits next year to assess “integrated development.”

The PEA assumes the KUG project is advanced ahead, however, and therefore leverages pre-existing components, including an access corridor connecting KUG to the process plant and water treatment plants.

AuRico estimates that KE would require $327 million in additional pre-production capital and a five-year construction period. Richter points out that the technical team has not assessed potential “economies of scale” or mine sequencing that could involve production overlap between the two deposits.

The stand-alone KE mine plan has a 16.7% after-tax IRR and $670 million NPV at a 5% discount rate. The expansion would crank out 80,000 oz. gold and 57 million lbs. copper annually, and extend Kemess’ life by 12 years. AuRico estimates co-product AISC of US$744 per oz. gold and US$1.79 per lb. copper.

“We’re very comfortable with our off-take discussions and financing the project,” Richter says during the flight back to Prince George. “We’ve met with a number of parties in Asia and Europe, and we’re pretty confident that a good portion of the project capital will be available without a hedging requirement, or much else outside of an off-take arrangement. There’s obviously excess smelter capacity, and that gives us the confidence.”

AuRico also holds a royalty portfolio that it expects will generate between US$10.5 million and US$11 million in revenue this year.

Richter adds that the company could monetize the royalties and has had “numerous inbound calls” on the opportunity, which includes a 1.5% net smelter returns (NSR) royalty on Alamos Gold‘s (TSX: AGI; NYSE: AGI) Young-Davidson gold mine in Ontario, and a 2% NSR interest in Kirkland Lake Gold‘s (TSX: KLG) Fosterville gold mine in Australia.

AuRico has moved within a 52-week trading range of 82¢ and $1.43, and closed at $1.21 per share at the time of writing. The company maintains 162 million shares outstanding for a $196 million press-time market capitalization, and reported a $21 million cash balance at the end of June.

It told me that too a couple of days ago but then popped up yesterday. I'll try and copy and paste the article later if it lets me back in.

Could you do a quick synopsis of that article? It tells me

You have reached your limit of free weekly articles. You will receive access to another article next week.

even though I've never even gone to that site.

http://www.northernminer.com/news/site-visit-aurico-track-construction-decision-kemess/1003789936/

I was working this afternoon and I didn't want to leave an order in. If it holds or drops any on Monday I'll grab some.

Also interesting, today our lowest target went up from $1.42 to a $1.48. Maybe the shorts are getting nervous.

Interesting few weeks.

Almost seems like a pump n dump coming but that wouldn't make any sense since AuRico is legit.

Could be an effort to drop it from $1.19 to .952 (20%) and trigger some stop losses and pick up some nice shares.

Could be shorts attacking the price knowing it's a low volume stock and trying to get a panic sell so they can cover before the end of the quarter.

Could be I don't have a clue what I'm talking about which wouldn't surprise me.

Whatever it is, I picked up a large amount at .965 so, thanks! I'll be ready at .88 if that's the game.

Down 13% in 2 weeks for no reason. I'm watching Mr. MM. You know where you have to drop it to get me to play.

I've always said I don't think they want to mine. I think they enjoy just being a royalty company. A super small buy-out of $350 million is still over $2 a share. Their structures alone are worth about $750 million. A buy-out gives us cash to use to buy more royalties.

I am leaning more towards a buy-out. They have long term prospects and they are small enough to be acquired (with a nice premium) without breaking the bank.

2 weeks left in the quarter. We should have a 3rd consecutive quarter of record revenue and another increase of 2017 total revenue. That alone should get us into the $1.40's. I'm waiting patiently for that partnership or mine buy out with a nice royalty kicker.

I don't know either. I'd like to see a breakdown of that $1.76. Assuming that it's a fairly near term target. Would not seem that any catalysts are factored in,

Not sure who our new analyst is but they have a price target of $1.76. That would be nice but still no where near my target of $5+.

Time for AuRico to get above $1.20. Still undervalued.

Back to MM game playing. We should be around $1.32 by now.

Charts point to a bullish run coming. Up to the MM's if they want it to run.

Thanks for the explanation. Hope it gives us a nice bounce next week into the $1.20's.