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Unfortunatly, yes.
Sometimes, there is a pps drop before a good news. I hope it is the current case.
I doubt the 10K will be positive (financial numbers) and this company does dilution on regular basis to pay their expenses since no/low revenue.
IMO the company has no choice to give positive news about the buyout first and after release the 10k to avoid shares selling by unhappy investors.
Slava probably does not know this details because he tells me that the agent will be ungaged soon. I will try to get clarification about all this.
At least, Aurus has the obligation to reveal the share structure in their financial report.
Sun
I am agree to say that we are at 0.014$ pps because BOD lack of communication and too many delays about everythings.
Me too, I am tired of the waiting.
I want to see some positive things. I send 2 emails per week to Slava requesting updates.
I hope our day is near.
Sun
For your information, you can recieve an approximation of the O/S number if you call the TA. It is not the excact number but it does not make big difference. From my understanding, it is not Aurus that made the request to not reveal the numbers, it is the TA choice.
If the TA tell you that O/S is under 450 millions one month ago and the number is under 500 millions today. You know that O/S is between 450-500 millions. It is better than nothing.
Slava tells me one month ago that the TA will be ungaged soon. I will try to get an update on this matter this week.
For the original 43-101, I would like to see this report me too but I am not worried at all because I personnaly confirm the final results of 1.2 g/t of gold with Roumantchouk (TSNIGRI).
The answers are coming slowly but it comes.
I try to convince Slava to give us an update about the annual report 2007 this week if not the publication of report it self. Will see.
Sun
Your posts are opinion/comments just like mine. You have nothing (nada) to support your claims. I prefer to trust my DD which the conclusion is completly different than your.
We recieve some confirmation from parties involved with Aurus. We have names and phone numbers to do our verification about Aurus claim.
I will trust those parties 100% before your comments.
My opinion.
Sun
This information is not very important. If you look the reaction of the market when the PR about production was released:
Thursday, October 18, 2007
...it expects to produce and ship 300 kg of gold in November 2007.
18-Oct-07 GAIN: -5.08%
19-Oct-07 GAIN: 5.36%
Tuesday, October 30, 2007
...announces that the gold deliveries for year 2007 shall reach 2500Kgs, exceeding its expectation of yearly production by over 40%.
30-Oct-07 GAIN: -2.00%
31-Oct-07 GAIN: -8.16%
The market reaction about the gold production numbers is not positive.
The real impact will be when the financial report 2007 will be published because this report will PROVE/CONFIRM the production number. The production numbers alone have no impact. I imagine that BOD conclude that production number not supported by a audited financial report is not necessary.
The market needs evidence, not only press release numbers.
Only two things will move the pps positively:
- Audited financial by a repectable firm with numbers matching the declared gold production (about 2500kg or better)
- A buyout by a big company
The market confidance is not very high. Only proven information will move the pps.
Unfortunately, we have no choice to wait and hopefully to see the audited financial report 2007 very soon.
Sun
wjw2sq, delay on financial report are very frequent. For the moment, no worry to have but if the report is not out by May. Then I will start to get worry.
Thank you, rokosnik. Good Idea. EOM.
I sent question about financial to Slava monday and I got no answer yet.
Since one month, he does not talk much.
Well, we have no choice to wait and see.
I am not worried because we will get the financial report at one point but WHEN is the real question. Soon IMO.
I am agree, a ibox clean-up will be great.EOM
Only good things to come. EOM.
WOW!!!!. Thank you very much for the info. Another false rumor just disapear (lost asset).
Definately, we are on the right track.
I am very positive about Aurus's future.
Sun
It is a pink sheet company. No form needed....
Great. This is the most important document. It can drastically increase the pps with numbers matching their production claims (2500Kg of gold). I hope to not have any delay.
I cross my fingers for next week releasing.
Sun
We need to look the global pps trend, not looking the pps fluctuation every day.
Since 2 weeks, the global pps trend is up direction. This is very positive. The confidance is starting to be build up again.
Sun
I never saw a TA released a PR to inform shareholders that company X has Y share structure. I never saw a TA sending an official form to a shareholders. Information revealed on phone and Email, yes but never in an official form....
80% of the time, the share structure information is provided in financial report.
Sometimes the information is also provided in a PR.
I am speak for OTCBB and Pink sheet market.
Sun
It is not because a News is released that hundred of investors will buy shares.
PR information can have an immediate impact or only have an impact on the long term. Like build a confidance,etc.
The only fact that we get update is a very good sign....
Maybe new investors will come tomorrow and he will have some updated info to read.
More to come.
Sun
Why you do not call the TA? From what I understand, he can reveal a range O/S number.
We request many updates to Slava, those updates are starting to be out. Slowly but the info are coming gradually.
IMO. We will know the share stucture soon.
One thing I am sure, the dilution is less faster/less quantity than about 80% of the companies listed in pink sheet market.
Sun
The outstanding shares information will come with the financial report 2007 that will be out very soon IMO.
They will extract both and maybe more materials (silver,platinum,etc). Read more carefully the PRs.
More, the remaining materials will be used in cement industry...
Good news but market wants numbers: Financial, monthly production rate,etc.
At least, we are going in the right direction.
Sun
Reread your first post because you post false information:
"...tailing piles are the waste from mining, and don't contain any precious minerals worth extracting, mostly toxic waste....
Why should this tailing pile contain untold amounts of hidden gold waiting to be discovered? Seems ridiculous beyond the various documents issued by the company. Clue me in on why these tailings should have precious minerals."
Me I am only telling you that your information is wrong. End of story.
Sun
Very good found, Miramax. Interesting. Thx. EOM.
This is what I am telling to you, you have zero DD about Aurus in all your posts.
I like your DD. lol. EOM
It is from TSNIGRI.
Read carefully:
Chemical composition of pyrite cinder from the basic concentrating plants is indicated in the table, which shows that iron content in them amounts to 34- 40 %; copper – 0.2-0.7 %; zinc – 0.3-1.0%, gold – 0.8-2.0 g/t; silver - 7-31 g/t. Since the output of pyrite cinder varies in the range of 70-73 % from the weight of pyrite concentrate, content of useful components increases and amounts to: iron - 48-57 %; copper – 0.28-1.0; zinc – 0.4-1.4 %; gold – 1.0-2.8 g/t; silver – 10.0-44.3 g/t.
For your Info:
While producing sulfuric acid, some enterprises of chemical and metallurgic industry used pyrite concentrates derived under dressing of complex ores. Roasting of pyrite concentrates in fluid-bed furnaces resulted in deriving of sulfur dioxide (SO2) for making of acid and pyrite cinder, which were stored in tailing pits. In former USSR consumption of pyrite concentrates amounted to about 3 million tonnes per year. The basic consumers of pyrite concentrates were: Cherepovets, Novomoskovsk, Uvarovsk chemical plants, Tselinny,Prikasiysky, Priargunsky gas-processing chemical complexes and other enterprises. As a result of their long-term activity their tailing pits accumulated a great amount of pyrite cinder with increased content of iron, nonferrous and precious metals.
Chemical composition of pyrite cinder from the basic concentrating plants is indicated in the table, which shows that iron content in them amounts to 34- 40 %; copper – 0.2-0.7 %; zinc – 0.3-1.0%, gold – 0.8-2.0 g/t; silver - 7-31 g/t. Since the output of pyrite cinder varies in the range of 70-73 % from the weight of pyrite concentrate, content of useful components increases and amounts to: iron - 48-57 %; copper – 0.28-1.0; zinc – 0.4-1.4 %; gold – 1.0-2.8 g/t; silver – 10.0-44.3 g/t.
I recieved a direct confirmation from TSNIGRI that gold is present at Roshal Tailing (Krong). The quantity is suffisant to be economical exploited.
If you not wanted to believe, it is your choice. No one is forcing you to buy shares.
Just do not post not reliable DD here.
Thx.
Go and read: http://www.auruscorp.com/
Actually, AURC is in the good path. PPS will continue his up trend IMO.
Good. Finally an update about the new equipment purchase announced in the Aurus PR dated 5-dec-07.
It took a lot of time but the things are turning positive.
Great Idea BUD. Thx. EOM.
Are you an expert of Russian Law?
This document just a third party confirmation that Roshal Chemical Combine sell the tailling to Krong (Legal confirmation).
This document has nothing to do with the pending Aurus buyout.
The way I understand the document is to confirm that Krong is the owner of the entire Roshal tailings. This report represent a independant confirmation about the Roshal's ownership matter and which is very positive for us to get this independant confirmation.
Sun
I sent this question to Slava yesterday, no answer yet.
I hope they prepare something big because I am not happy with their silence. Especially with all questions we sent to them through Slava that still have no answer....
Sun
Is one of those numbers a license number?
Company: Limited Liability Company "Krong"
685000, RF, Magadan, Parkovaya St., 13, INN 4909070482, KPP 490901001
R/s 40702810400000423001 in Zerbank (ZAO), Moscow, k/s 30101810700000000116,
BIK 044525116.
Even if reports/licences are presented to us, many persons will say that those are forged and then you will continue to doubt....
The only thing we need is the financial report audited by a big firm. This will give you the ultimate proof of productions & ownership....
I hope to see this report within 1 month.