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On a previous post you hinted that Monimpex owns the majoriety of the shares and now you are saying monimpex doesn't hold any shares. Which is it party?
Niemand,i also think party has it right. The majoriety shareholder in Aurus has to be Monimpex. Parkin and his boys are running the show. Lochans conversation with Heritage seems to indicate that the grim reaper has come out of hiding. I also think there is a division between the Russians and the Canadians. The shareholders meeting may be a way for the Russians to rid them of the plague.
How they will do this,i have no idea,but the Russians have a plan.
2C,i will always be in your corner and i thank you for all you have done in the past,but you just can't walk away and leave some of these guys who have counted on you. Put them out of their misery and tell them what you know. You are the only one who has direct contact with the Russians as far as i know. HELP!!!!!
Thats how i read it stockmeiser. Why would anybody think they would get the dividend after the the January 2007 date,beats me.
It was not the fault of recorded shareholders that the dividend got delayed because of Transfer agent problems. I personally think i will get my shares. Anybody who bought after the January date won't get them,is my take. The company is the one that decides who is entitled and who is not,the SEC doesn't have a say in the matter.
moldy,you may be right but this PR says something different. i would have grounds for a law suit if i didn't get them.
Aurus Corp. Is Pleased to Announce Its Dividend
Wednesday December 13, 2006 4:45 pm ET
NEW YORK, NY--(MARKET WIRE)--Dec 13, 2006 -- Aurus Corp. (Other OTC:AURC.PK - News) is announcing that it will be granting a dividend to its shareholders.
The president stated that the low cost of mining rare earth minerals renders superior net revenues, permitting the Company to pay dividends to its shareholders.
Since production is now commencing on the Krong site, the initial dividend shall be in shares while future dividends shall provide for cash payments.
Aurus Corp. announces that it shall give each of its shareholders on record as of January 30, 2007 a premium of one share for every ten shares held in the Company.
Fedor Dovgan, its president adds, ''We are most pleased to give our shareholders the first of many dividends provided by mining results.''
About Aurus Corporation
Excellent DD,bgoody. Maybe the speculation that the Russians are trying to get rid of Monimpex crew could end up as true. Even though i'am not currently in the stock other then the dividend shares i'am owed,i would like this company to succeed.
I'am in and awaiting those contracts they promised. Feel very comfortable owning this stock now. Good things are about to happan ,i can just sense it.
Good luck with your investment. I hope it turns out alright for you.
Invenstor,try to contact 2C and ask him what he thinks.
Aurus Due Diligence Completed
Wednesday April 18, 12:48 pm ET
NEW YORK, NY--(MARKET WIRE)--Apr 18, 2007 -- Aurus Corp. (Other OTC:AURC.PK - News) announces that the due diligence has been completed and which was required in the purchase offer of all the outstanding shares for an all cash consideration. The contents of the ore deposits have been confirmed by the Ministry and have satisfied the party making the offer.
The president called a special meeting of the Board for April 24, 2007 in order to review the offer. The details of the offer shall then be disclosed at the close of that day's market.
Oh come on inventor,even Dovgan said that Aurus had done its DD and the first thing any company would do is find out if the offerer was for real and who it was. Name me any buyout deal where the seller did not know who the buyer was.
Why would they need to do that if Aurc already told them they had done their own DD and were happy the offerer was for real.
In the end 2C even got suspicious and took profits.
I would imagine Kartix was just a way to make the buyout look legitamate. I doubt if they even knew who the party was that was making the offer. They got money for being the go between and thats all they were interested in. This is all my opinion.
They don't need retail shareholder approval,they have enough votes to carry the motion. There is no buyout and never was.
FIND A WAY TO ESTABLISH A COMMUNICATION LINE WITH THE RUSSIANS.
Sorry to post this but i don't think there ever was a buyout in the works. It was Monimpex and Parkin going to the well one more time. However it did not work as well as they expected.
Find out who exactly is the majoriety shareholder in AURC is the first question you have to ask.
Is it the Canadians or is it the Russians? However there really is no one to ask either on the Canadian or Russian side,is there?
2C was the only contact with the Russian side. Look how there is now direct contact by investors in NWOG. Its not perfect but its better then anything Aurus has.
The first order of business if you want to get answers is to establish a communication line with the Russians,without one your pissing in the dark.
Your best bet probably would be the head of the Krong subsidary.
Someone should check out who was involved putting out the PR. It would be interesting to see if Jeremy was involved.
The company is not broke. They are going thru teething problems,but one should be out of the stock until they get their act together.
I think its really good news that they are trying to get rid of monimpex.
No buyout is what i read into this. I think they want monimpex out,thats why they are calling for the special meeting.
Looks like Monimpex couldn't pump it higher at what was its current levels. They went short and will pump it again at around 2 cents. These guys are really something.
They won't have any shareholders left by the beginning of september. Sounds like the buyout ian't going to happan.
The transfer agent news is very good. I'am watching from the sidelines. Will get back in if they can now show some production numbers. Monimpex is probably in control but i can't see them not trying to make money on this asset. At some point they will pump it. Those who are still long there is hope.
Probably going to issue an amendment to the 10SQ stating they have just completed a reverse merger with GSIEF closing their previous business and outlining the new direction of the company. The new entity will be fully reporting showing a profit for the quarter.
Well done on TMY eik. Nice return for you.
Light a couple of candles for me while your at it. Even i could teach these bozo's how to write a better PR.
I will put that on my calender,tuesday and thursdays.....hold on which tuesdays and thursdays, I heard something about the end of september,again they missed out the year. Jstick you sound knowledgeable tell me what you know?
Sorry thats what i meant.
Has NWOG caught the no news bug? Would have thought there would be some follow thru of their previous PRS by now.
Any idea of timeframe for R/S completion?
They are probably short the stock now. His fellow tiger cubs joining in on the feast. My prediction is this one goes lower. Hope i'am wrong.
The E is gone means good news. Now they are current with all their reporting requirements with the NASD. Looks like the R/M is about to go thru.
Thanks martin,look forward to the response.
Thankyou for a good informative post. Got a good bunch of guys here. Just one question,any idea how much the other company has to come up to get the R/M thru? Will there be any problems with them coming up with the cash?
Another Russian Gold company that doesn't know how to communicate. Until they have something to say regarding their purpose in existing,whats there to invest in.
Investers need to be clairvoyants and mind readers to invest in these entities.
Oh no my crystal ball just packed up on me. Where are those damn tarot cards when you need them.
jersey,maybe its as it should be,the survivors finally get the holy grail of stocks,A HUGE WINNER.
Good enough,i'am on the ask right now.
investwise,i think you may be right,but i think many of us have been burned badly using a buy and hold model. In 90% of pinks this stratagy just does not work. A trustworthy management is very hard to find,i'am reluctant to say.
However the level of communication between investors and management in this company is as good as i have seen. All investors need to be vigilant to the transparency of a company. The more transparent they are the more believable they become. They as a company should also direct us to area's where verification of what they say can be determined.
Sorry if i sound overly cautious but its because of my upbringing in the pinks,mine has not been an idyllic childhood,lol.
However i have become a survivor through necessity.
Wow,thanks investwise. You should be in investor relations. You answer every question to the point,no fluff. I know member marks don't mean much but you should be rewarded for your input,you have mine.