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Whatever company Aurus used to be is irrelevant. More so than you would think.
If you go to the Monimplex (spelling?) website they explain how Aurus/Nord came about.
One of the only legal ways to have a Russian company publicly traded in the U.S. is to have it do a reverse merger with another company, already incorporated here (or Canada, for that matter).
The management team of Aurus/Nord tried their luck with certain unsuccessful companies before they realized that they could make tons of money by using their current companies as "shells" for Russian companies wishing to raise capital and trade in North America.
Their business is not oil, or gold. It is making these Russian companies successful. They are paid in stock, so the better the Russians do, the better Parkin and company do.
Although it appears that Parkin/Makarov own these assets, they really only own their shares, and are promoting the companies to American investors.
As you can read on the Monimplex website, they are only looking for very large companies to bring public--ones with many many millions of revenue, but little current finance methods.
I stopped watching the ticker after I understood this. Coupled with Parkin's projected "finale", this stock gets me very excited.
dmc, I agree, sorry I'm too cheap to buy PM rights on IHUB.
I'm hoping people stop talking about a possible buyout for Aurus. I HIGHLY doubt that will happen, and I'd rather not attract the quick payout folks from NDOL, only the long term guys.
I'd guess we are about 95% likely to see a major JV in the next 6 months. I'd split the other 5% between just going on how we are now and a buyout.
I also doubt we'll ever see NDOL on the AMEX. There are ownership requirements for the AMEX that aren't satisfied by Nord because they are foreigners (Canada actually is another country). This is why I think they are going to the OTC BB instead.
I think Aurus will unfold by showing us how all the money moves around within it. I think there will be a lot of surprises, I think that we'll find out this isn't a $30 a share stock, but more like $10-$15, most of which was made from the inflation of gold prices since the $400/ounce gold prices most of these acquisitions were done at.
Parkin said we're going to love the "finale", and given that every single damn last thing he has said for Aurus has been true, I get goosebumps thinking about this.
I'm seeing a lot of excellent vibes for this stock in the next few days, and I'm guessing a lot of daytraders from NDOL will syphon in our direction also. This could be good or it could be bad.
-Chris
I'm very proud of the Aurus investors today. We appear to be much more rational than the Nord traders. I admit, I once owned Nord Oil, but when I saw too many speculators come in, I knew it was time to wait for it to cool down before buying in again.
When the investors with weak stomachs panicked with Nord, we sat there saying "you're not taking my gold mine"
I'm just nervous that gold is going to drop to $250 an ounce and this won't seem like such a good deal... hahahaha
i just moved here from the midwest and i thought the market closed 53 minutes ago.
i think Aurus investors have proven that they are a lot less emotional/more intelligent as a whole compared with Nord investors...
i'm going to say this one more time then i'm not saying it again because nobody seems to care.
--it looks like Aurus is acquiring these properties from "pre-financing" the stuff that was mentioned in the Russian gold industry section of the website.
This isn't bad at all, because we have seen gold go up 70% or so in the last year so what you might think is a $20 pps stock, is more like a $10-$15 pps stock.
Also I would avoid talking too much about how it would be nice to have a Western 'dance partner' here. Once RB types get a whiff of that, we'd see the pps go down when Aurus announces a JV with a huge Russian conglomerate.
In other words, let's not start promising people another "buyout" or a JV with a Western entity, people get too upset when their given other opportunities.
boop shoo wop, it's good to have a finale, i think.
let me mention something I mentioned before...
think about how absolutely shocking it would be to shorters if we all woke up one day and the stock was accurately valued in the pps?
I would love to see one of them go to their computer in the morning hoping to see sub $0.30 again and then realizing they owed the broker their house because it was at $10.
I'd rather be rich than regretful, broke than complacent.
FINALE FINALE FINALE>!>!>!!!!!!!!!!!!!!!!!!!!!!!!!!!
I'd like to see somebody do an analysis on what price gold would have to be for Aurus to be OVERvalued... somewhere around the price of silver, maybe?
plus we all know that all of Aurus' PR'ed letter of intents go through. Even if you were so short-sighted as to sell off AURC based on NDOL dropping Based on a combination of great news/irrelavent news (U.S. oil supplies)-- then you might at least still see that this thing will run faster than an Iraqi who just found himself on a bus full of people with wire sticking out of their collars,,, once that news hits.
NDOL wanted to go up until they announced that U.S. oil reserves were up on CNN.
SAME thing happened when Bush announced his energy initiative, when they first announced reports of more U.S. oil reserves, and now today.
It's important to make a distinction between threatening trends and ones that cause daytraders to stir.
I still can't get over how Parkin described Aurus' "Finale"... it gives me goosebumps--has anybody seen V for Vendetta? It's kind of like that.
i guess it started to happen before I was even done making my post.
if you go to the NDOL board and read the posts, it becomes very apparent that none of them know anything about investing.
The best time to buy is when you feel the most terrible about a stock, but at the same time can't pinpoint a legitimate reason for the feeling.
It's also a great time to buy when you saw the EXACT same thing happen two days earlier, and then saw the price rebound tremendously.
I'm waiting for the "finale" here before I let go of mine ;)
there are restrictions on having foreign owners of companies on AMEX... don't forget these are Russian/Canadian companies... just in case you're wondering why the OTC BB is the short-term goal and not something bigger...
it means that there will be just as many shares of NDOL, and the amount of shares equivalent to $2.20 per share issued for North-west, who didn't trade previously.
In other words, your NDOL you own now is now worth $2.20 per share.
In reference to my last post--an excerpt from an AURC DD, likely pertains to NDOL too,
"Arguably, the Subsoil Law prohibits the granting of a single subsoil licence to more than one entity. Therefore, traditional western joint ventures should probably be structured as shareholder agreements with the joint venturers holding shares or interests in the Russian entity which will hold the subsoil licence. In establishing the Russian licenceholding entity, the following matters will need to be kept in mind..."
i think the 180 million are held by the guy who owned the oil before Nord-- the guy who approached/was approached by Parkin in order to raise capital and awareness for his fields-- the ones he got from Putin and had no idea what to do with.
sorry, i have absolutely nothing good to do with my time. I'll stop posting now.
something to consider... from a while back.
<img src="http://www.wallstreetfollies.com/2002/freakinmoron.gif">
is anybody else with Scottrade having weird things showing up?
Why do you say that? Why would they be riskier? By the way, I am one of those cheapos who don't have PM capabilities. You'll have to email me (vfbassist84@hotmail.com)
not to mention that scottrade does F%cked up things like this all the time and gets my blood going. I sold all of my MMXT once because of this-- I thought it had crashed and made a brief comeback long enough for me to sell it... needless to say I was out about 75%.
ok... sorry, thanks though.
I almost went looking for a penny to slide up the side of the door so you could all see that I EXIST.
Nevermind... obscure reference.
Does anybody recommend a better broker other than Scottrade for stocks under $1? The commissions just seem a bit high to me at $50-$100 a trade on these low priced companies.
can somebody please confirm with for me that your AURC and/or NDOL shares are still contributing money to your broker account value... please hurry too. MINE ARE SHOWING $0!!!!! Hopefully it's just a Scottrade F%ck-upism.
I'm starting to think that we were given stock in a company that is only using us a vehicle to get publicity... I don't mean that in a bad way at all-- but I think the reason there are relatively few OS is because they didn't really need to raise much capital, just publicity.
I think this conclusion is separate from the "Aurus is worth a lot" theory, in that for reasons I'm not going to go into right now, I think issuing shares was more of a sacrifice by the original mine holders for publicity and that we seriously might see $15-$20 pps once the finale unfolds. If you want to ask me more send me an email
vfbassist84 @ hotmail dot com
That sounds like Parkin alright... I had sent him an email a week ago and he responded two days later by prefacing his email with "I'm sorry I couldn't reply sooner".
I don't think he gave inside info, but to be on the safe side I haven't been buying or selling this stock. I do like how he said "finale"-- it gives me goosebumps.
so.... no? i'm not the only one who sees this?
is it just me or does it seem like Aurus was telling us "we were pre-financed by Russian banks" in the new Russian gold section of the website?
i guess it would make a lot of sense. even so, that means we are still 10-15 times undervalued, instead of 30 times, just based on the difference in gold prices since the time the "prefinancing" may have been done.
my best guess is that since Aurus always refers to its operations as Joint Ventures, they are simply allying themselves with a bunch of companies formed when Putin's gov't awarded important people with mineral resources (or oil, as in Nord).
These people really don't know what to do with the properties and have no means of raising capital. They have no experience with production and need to collaborate.
Aurus happens to be the mine with equipment and the American capitalist. I'm guessing details of this aren't being divulged because it may deter high bid prices from high-production gold operations--
In other words, it's good for us, but potential buyers could use more info.
Just my opinion.
-Chris
definitely no games being played by MM's with NDOL right now... when we all saw that it could be a merger instead of a buyout, i promise you very few of us didn't hit the sell button. Some of those who did, did so in panic, others, like myself, did so because we knew they would panic and allow for us to get cheaper shares.
And btw... if this is anything like NDOL, once it breaks about 0.42 you won't see it below 0.50 again so I wouldn't play the short term game on this one.
Keep in mind that the AURC investors right now are, in general, more educated in their stock than are the bulk of NDOL holders. AURC is being bought because connections were made, dots connected, and future realization of the company. A lot of NDOL is (or was) bought on momentum. We have the advantage that we aren't.
that's right... i almost forgot that Nord HAS oil. I'm still not getting back in since AURC should follow whatever NDOL does, but more since it is trading lower with larger assets.
I'm keeping a trained eye on AMEP too, gonna buy if it hits $0.09. It's last PR was explaining that their NG wells were about to spout riches. The shareholders managed to bid it down after a brief run up, and it hasn't recovered yet.
Talk about an irrational group of shareholders, and we thought AURC/NDOL was bad in this respect.
worst case scenario, shareholders of NDOL vote against the merger in favor of the buyout, and it turns out that Northwestern had decided this weekend it only wanted a merger. In that case we're all screwed.
Best case (more likely case) NDOl stalls a bit in getting OTC listed after a merger is confirmed, but then trades at $5-$10 right off the bat.
Either way I'm not going to let sub-0.30 AURC shares get away again.
it's probably an extremely opportune time to buy all those stocks we've been watching then.
as long as bush doesn't become penpals with osama next.
am i the only one who has 95% of the stocks he was watching in the red today? wow...
this is the worst time to watch the boards right now. if you block out all external opinions and just look at what's being PRed by NDOL and AURC, you see $ signs being jammed into your pockets.
how are we looking? i don't want to open my scottrade because it depresses me to see my holdings without ndol.
sorry bobs, when you see thousands of dollars disappear and then reappear, it gets a person somewhat emotional.
especially when "your" money isn't yours at all and you're supposed to be buying a car from a friend with it.
OT--
damn bobs you'd think you'd have covered your ass by now. What did you think? You could cover at 0.30? That would be like driving on empty to get to the next gas station, hoping you'd find one selling unleaded for $0.99 a gallon.
i feel like such an idiot for falling for market emotion again. I sold my old AURC at 0.28 thinking i could get it back for 0.23 or so. I guess that's the price I pay. I still bought back with 50% more shares.
And btw, I did "bite the bullet" at 0.37, but the MMs didn't see it necessary to record it.
I can see NDOl hitting $3, but not until it goes to the OTC BB, which is going to require time now that it has to balance NW's sheets too.
I see AURC hitting $3 also, and since it is trading much much lower, I'm putting my money here.
i think i'm going to stay away from NDOL at least until the deal gets solidified. I sold earlier at $1.23 but I increased my AURC by 50% instead. Let's hope we see green today.
if any of you have ever doubted the idiocy of the majority of NDOL holders, look how they've managed to moronicize themselves into the red today.
Simply outstanding.