Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
There are several points that have been made in the past that bear repeating at this point:
1- Once again Aurus has delivered as promised. They have issued production numbers for Krong & offered a divi to shareholders over the past several months. What is really exciting is that all future divis will be cash and the company is producing at an annual rate equal to it's current market cap.
2- I, as well as others here, have asked for visual verification of our assets on this board. Thanks to 2create we are now on the brink of receiving the confirmation that Aurus is indeed proceeding with its operations.
3- The bashers with an agenda are bemoaning a month with over $1M in production. As 2create has verified in his photo, this has been accomplished in the middle of the Russian wilderness during winter. The employees of my company are in the process of installing electrical underground conduit beneath 24" of frost and it is no picnic. So imagine the difficulty of attempting to chop thru 6 feet of permafrost to process gold in a work site without much infrastructure. Getting any production out of that area at this time is a major accomplishment.
4- Last spring a member of this board contacted Parkin & asked him for a timeline of when he felt Aurus would reach it's potential valuation. He said it would probably take about 3 years. This is not a get rich quick scheme and the company never implied as much. But anyone buying at these levels is going to be thrilled with their investment over the next couple years because we have found a company that is methodically executing it's business plan.
You're the best, 2create
Anyone that would spend valuable time with their family to take action photos of our investment is definitely a friend of mine. Best of luck to you & Mrs. 2create in Russia
LOL! How about a NEGATIVE P/E for most pink sheeters? Who are you trying to kid?
Care to site any direct examples of Russian companies with low P/Es? Many are actually trading at high multiples, & if AURC traded that low it would be further proof of how undervalued it is...
Great news today!! We are now officially reporting a revenue stream (which will happen monthly) and the way I see- we should be trading at a minimum of 60 cents based on today's figures. Remember- AURC only has 134M shares outstanding, therefore, if we simply produced at the same rate for the rest of the year and had a net profit of just $4M with a PE of 20 that would give us a PPS of .60
Oh, BTW- they produced that amount in a Soviet WINTER. Does anyone truly believe those producion figures won't increase as the weather improves?
I'll also try that, 2c... I tried to call Jeremy earlier but didn't get thru yet.
The way I look at it, the contact page is there for a reason. I might also have some other business reasons for contacting the company directly ;)
Based on way this has traded the last few days, this looks like some MM positioning IMO. A little after hours PR would be tasty...
BTW- I also responded to the contact page on Aurus' web site today. I'm interested to see if I'll get a response because I'd like to ask them a few questions about their immediate plans. I'll let you all know what I find out.
JLP76
great to hear from you again globeex-- good job on increasing your position. I'm certain you & the rest of us longs will be pleased in the near future :)
I didn't mind the lack of news for the past month. It's my belief that the company was concentrating on operations.
Big day tomorrow IMO...
All of today's gains were in the last 70 minutes of trading. I would not be surprised to see a gap up and a run in the morning. Production numbers must be coming out Fri or Mon--
We are going to get discovered quick-- a company that has the resources of AURC isn't going to be valued at a paltry $13M forever. Everything hinges on the production numbers, but dollarland cannot be far off...
Hey- anyone notice how the bashers scurried off when j-shot told us about his conversation w/Parkin?
A picture does tell a thousand words. UCOI PPS picture shows how much investors like that POS. And I went over to the board to let everyone know what I thought- just like you are doing over here.
Have a nice day :)
Get ready for the ride up folks....
How can I tell? First of all, production news is right around the corner.
But more importantly, the bashers are out in full force this morning. And they want shares as cheap as possible because they know Aurus is on the rise. Here's to a gap up you stingy pukes.
From the looks of your post history, do us a favor and don't even bother with this company. It's not for you.
It's great to be in company with other longs who understand the nature of balancing disclosure issues with satisfying the average retail investor. What 2c does is thankless work and he manages to keep a positive outlook on the company in the face of continual moronic posts.
In fact, one can look at the most recent gems by golden08 to discover the agenda that we are fighting. Here's a guy who demands transparency from AURC, but just take a look at some of the other companies he likes- i.e, SHSH, NXG, OR EQBM. Not exactly NYSE fully reporting companies are they?
Yeah- you're right. Go ahead & sell so you don't have to worry about it anymore. I dare you. I double dare you.
Yeah- you're right. Go ahead & sell so you don't have to worry about it anymore. I dare you.
*YAWN* All this hand-wringing on a day when less than 700K shares are traded. That tells me that nobody is really doing anything right now until news comes out & everybody lacks the funds to buy more shares. This trading action is meaningless.
The way this stock is set up we can be at a PPS of 25 cents in a matter of minutes. Let the company announce the production numbers and ignore the MM crap.
Hey party- if you want a good laugh take a look at the guys' post history and what kind of stocks he likes. Typical flipper. It's quite telling when a 10 cent stock is too rich for him.
Not to worry dos- I think the news vacuum is a good thing at this point. We are approaching the end of January & there are several deadlines forthcoming- all with positive repercussions IMO. You can almost sense that the PPS is ready to run any day now...
And when I look at some of the stocks leading in the number of posts, can't say I'm exactly impressed by them. I'm satisfied with flying under the radar right now.
That's right, sub- and judging from the increasing amount of negative posts it looks like some folks are getting a bit nervous. Methinks they are afraid it won't be as easy for them to flip this in the near future ;)
I have to disagree with the cash divi take- absent a solid revenue report the PPS could still take a dive. A pink like PTSC is a testament to that.
Besides, the company has said this stock divi is the first of many- of which all future ones will be in cash.
What is striking to me is that a review of the initiators/board members of Aurus shows a slew of veterans in their 50s/60s that have a ton of experience in the mining industry. I find it hard to believe that these folks are in this deal for some minor payoff.
Yeah, right- no shorting means that we can assume without a doubt that the company is a scam because it is selling for a dime. Isn't that what you & your bashing breathren are implying? And don't hand me the garbage about transparency/tailings scams/not paying SOS fees/what kind of equipment did they buy. Boohoohoo, blah, blah, blah.
What you and the other whiners don't comprehend or want to admit is that NEW COMPANIES AREN'T OBLIGATED TO DISCLOSE EVERY NUANCE OR DETAIL ABOUT THEIR EVERYDAY ACTIVITIES. It doesn't matter that you've invested your hard-earned money or not- AURC is a pink sheet stock with just over a one year operating history & all of us are basically in the shoes of a venture capitalist. What you have helped contribute is a form of seed money to support a market value for Aurus. Period. High risk/high reward type stuff that capitalists like Kleiner Perkins or Sequoia Capital make billions on. Either grow a pair of nads or sell out & go suck your thumb somewhere.
I'm sure this post will really get you pissers & moaners going.
BTW- I wonder if we'll see a PR on Friday regarding a shipping confirmation or possible amount of ore processed. A little news to support the share price would come in handy right about now...
The naysayers will never leave specbidder, but that's fine, too. AURC will have it's day real soon.
These MMs know every trick in the book to create trading volume. Over the past few weeks they've slowly toggled the price down to milk as many weak hands to sell as possible- and in a matter of a few hours or even minutes they'll jump the PPS back up to .15 or so and start the same process.
But you're right about showing revs/profits-- that will put this company on a totally different level- & I can't wait till it happens.
Don't even bother with this guy, rover. It's fair weather investors/flippers like this clown that should just sell their damn stock & quit their whining. This guy loved Aurus @ .18 & with all the upcoming production he now yells scam because MMs have decided to walk down the PPS with the current news vacuum. What a macaroon.
Parkin also shown as President of Legal Affairs, not VP as before.
It would be nice to have a snapshot of the previous website to compare the changes because there do seem to be a few...
This discussion about revenues was bound to happen and the naysayers are having a field day for now. But one thing is for certain- as of 1/12 AURC will have to show us the money. Although I am positive about the companies prospects, I'll admit that much of their credibility will be riding on the amount of production they show at that point.
With their recent track record of being forthcoming to us investors, I have to believe the numbers will be in line with the projections they have issued at a bare minimum. The PRs released in the last month are just too good to expect anything else.
MM games and nothing more marc- just trying to nab some cheap shares if they can before next week's run-up. IMO, of course.
Let's face it, 2c- some posters out there will never change their m.o. And AURC is a perfect stock for bashers/flippers since the co. is not fully reporting and hasn't disclosed any revenue numbers-- yet.
Even after this stock skyrockets these guys will play the same game. In the face of direct evidence that the company is progressing and your own DD, they'll continue to question everybody else's motives.
I'm sure you've seen some of the characters on RB bashing you as well. These brain donors are not only a joke, but they're also becoming boring.
Happy & prosperous New Year to you & the rest of the Aurus longs.
The study did not distinguish cash or stock divi, nor did it account for large cap vs. small cap, listed or not. The study only asked investors for their preference.
If you want to believe that everyone in the study was referencing a cash divi, fine. But 70% of Gen-Xers aren't exactly sticking their money into stodgy utility stocks, and they preferred a dividend over a stock buyback. And any dividend, even a stock dividend, can be converted to cash at some point. So if you believe that study has no relevance to AURC I think you're missing the point.
Watch what happens to the PPS the week prior to the stock divi record date and tell me that it doesn't matter to investors.
Per Investment News of 12/4/06: Sheen of dividends lures many investors--
According to the article, Eaton Vance did an annual investor study and found that 73% of investors preferred dividend-paying stocks because they were "predictable cash generators" and reflected "financial strength". They also found that:
- 45% of investors increased money invested in dividend-paying securities, while only 16% decreased their holdings in such stocks.
- 69% preferred dividends rather than shares bought back from the company! Of this total, 74% of seniors preferred divis, 62% of baby boomers, and 70% of Gen-Xers.
So for those who downplayed the Aurus 10% stock divi, I think they are seriously outnumbered.
No it's not. Site one single study or give hard evidence that share counts have ANY impact, positive or negative, on PPS. You won't do it because no such data exists.
For the record, I could care less what others have and there is no way that you'll ever get an accurate accounting from a message board. It's nothing more than passing time until the impending great news propels Aurus. But it's nice to know that others share my enthusiasm for this stock and are willing to tell fellow longs how much they've invested in the company.
Want to know what you'll never hear, though? How many shares short or the true intentions of the bashers. That honesty divide is too wide to ignore.
Could you please site some examples of declining PPS values then? You'll have a difficult time convincing me that announcing share counts will trump over 5M oz of gold reserves with $300M in 2007 revenues.
Jeez, the stock is only trading in the 12 to 16 cent range. How much can anything hurt the PPS at this point?
Only 900K here :(
But when the PPS goes to $$$, I won't complain much.
I'm seeing quite a bit of articles regarding the growth of Russian mining companies and amount of investment going to Western China. These could become hot spots for investor interest in the near future...
Methinks you haven't seen anything yet Sal- just wait until after New Years
Always pleased to see you post globeex- just keep that positive attitude going. And I wouldn't even give the bashers the courtesy of a response, they're not worth the time.
Merry Christmas
Nice to see you got thru abbam & like what I'm hearing about dealing with the shorting.
The company obviously feels the market cap should be higher and is covering all bases in making sure it happens.
You betcha- a crappy ginseng cola co. with tons of OS, like 5B shares or something. A president whose idea of promoting the company is having his pic taken @ a trade show with a blond half his age. So westy wouldn't know a good company if it jumped up & munched on him.
Better yet- maybe he can increase his position in such promising companies such as RSHN.
He comes over here whining about transparency & loves that stock to death. Go figure.
Interesting coordination of shipment figures with stock divi date of record-- appears as though these amounts will be released shortly before the dividend deadline.
It's going to be nice indeed 8