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The way I see it , the only way AURC will allow itself to be absorbed by a fully reporting company is if that company pays a sum of money per share and issues stock in lieu of aurc stock...examble could be 2 dollars a share renumeration and a 1 for 1 stock exchange from a company like GSS.
I hope the people shorting this stock get soo burnt, I would love to see this gap up this morning !
I can guess that is agenda is to attempt to spread FUD in order to acquire cheap shares. If I had any more money I would be buying at these levels. I believe one or two things will be happening in the near future, after the 43-101 report, an increased buyout offer will be offered in the 1.50 to 2.00 range, or this company may merge with a fully reporting company that is uplisted and thus have the stock PPS in the 3.00 to 4.00 range, I believe that the MM's know this and are purposely keeping the SP low to induce end of year tax write-off selling, I am not selling anything and will be here when the goose lays the golden egg.
The conference room!
I'd bring ole PUTIN in on the board of directors, wed get rid of any canadian interference.
I wish I could manage this company for 18 months I'd have the pps over ten dollars a share in that time.
Hopefully it has been deceided to not sell this company for a measley .55 a share, I am hoping that the meeting will lay out a business plan that will include audited financials, a move to uplist to OTCBB, an expanded business plan that doubles current processing to 600 kgs a month.
Yes very, and I do not want .55 a share, this company is worth way more, I expect two dollars plus a share. If aurc management will publish the 43-101, file the appropriate finacials showing the 300 kgs of gold processed a month, there is no reason that aurc cannot uplist to at least OTCBB and reflect true value. By my rough calculations we should have made 10 to 11 cents a share profit this year alone, multiply that by the average miners P/E ratio and that alone puts us over 3 dollars a share, if the 43-101 shows as i think it will a 6 to 6 and 1/2 billion dollar figure in resources, that is worth over a dollar a share and maybe two. I am willing to wait it out and really believe that in 6 months we could be trading in the 4.50 to 5.50 a share range, 55 cent a share buyout be damned.....exciting? you got it , the money has been spent and I can wait.
Emily you are right in that I only have the companies word for it, but sometimes the market is about "gut" feelings and based on all the available information I made a decision and have bought over a million shares in this company, when you take into account the current status of aurc in paying the delaware franchise taxes to become current, the payment of the cost of the 43-101, the proxy statement preparation, the shareholders meeting and the constant drumbeat of those posters of negativity trying to convince me that I am wrong, I am convinced that I have made the correct choice. I have thrown the dice and in my mind they are still "spinning" ,for so many to try and convince me otherwise to what possible personal gain leads credance that I am on the right track. If I am wrong , oh well it is only money, If I am right this investment will ensur a good retirement for me. I believe that the delays are due to internal company fighting for ultimate control.well see if I am right. Exciting isnt it.
This is exactly what makes America so great....what you may ask? I reply "FREEDOM"...the freedom to not only have a difference of opinion, but the freedom to invest in your believe. I have invested in AURC and believe that in the future my profits on my investment will glouriously attest to my freedom to make or lose money how I chosse. You see I believe that this company is worth over two dollars a share, that the 43-101 will show a valuation of 6 to 6 and a half billion dollars in resources. I believe that this company has processed over 66,000 ounces of gold this year, and may have earned over 11 cents a share. You have the freedom to disbeleive, the freedom to mindlessly bash a stock you have no financial stake in. I love America, and my freedom to beleive, and the great thing is you are not going to convince me otherwise irregardless of your agenda.
that is what i have been thinking
I agree, poor showing by Army today
go aurc,,,,go ARMY beat navy!
HOW ABOUT THEM COWBOYS.....go aurc
The reason not is that a proxy was not sent out in time to accomodate the share holder meeting date. we cannot vote on the buyout prior to the dec 7 meeting.
but there is something they can do, its very easy, file the reports required for the financials showing that they have processed 2500kg of gold this year and publish the 43-101 and the share price will take care of itself.
world spot price 834.00.....plus 12.00 and over an hour for ny mkt to open....aurc is just getting more valuable each day....lets see 300 kg a month at current prices and we sell for .55 .....i think not. We are looking at .04 per quarter profit at present processing rates.
HOGWASH
Then they should not have brought there business over here and became a Delaware corporation, the stinkin Russians are going to make me a lot of money, sort of pay back for those miserable days and nights in germany while in the army.
wheres your proof, you keep saying this but can show no documentation.
2500 kgs x2.2= 5500x12=66000 troy ounces, which is what gold is measured in, x 780.00 = 51480000 - 30% for operations should yield 36003600 /328000000shares = .1098 per share x industry average of 39.5 p/e ratio = $ 4.33 per share not counting reserves and resources, this should be a 5 dollar a share stock and will be if this companies management can get audited finacials and the intl sanctioned 43-101 in place.
if the proxy contains audited financials along with the intl sanctioned geo report than this stock should be trading in the 3 to 3.5 range, uplisting to otcbb could easily put us there.
yes I am in the red at the present time, but that will soon be rectified when the intl sanctioned geo report comes out along with the proxy re in either a .55 buyout or a major increase in sp.
no most likely that was someone foolish with a .0375 stop loss on the books that the MM went down and swiped those shares then brought the market back up to .04.
cfpjbs can you email me the info, I am long with over a million shares...thanks...lolwithu@hotmail.com
lets just hope we dont get the Duke bros. outcome...lol
unfortunately I have to agree with you, If this company wants to improve the PPS than they need to do all that you have suggested.
My hole point is that I would rather wait another 6 months and see this company become fully reporting and uplist to at least OTCBB and have the PPS reflect true value than accept .55 and a 450k gain when it could easily be a 2.5 million gain. I believe we have a diamond in the rough here as an investment and we can all make a lot of money with a little patience.
If this buyout is approved than the monies made to date belong to the stockholders, not the purchasing enity, and should result in a .06 to .08 cents a share dividend.
I believe that fully reporting companies post every quarter to reflect that quarters activity and the pr'd earnings for the quarter.
I know that DOS but those finacials do not reflect current production figures of 300 kg of gold a month. All I am pointing out is that updated finacials showing year to date production figures minus expenses should show .06 to .08 cents a share profit for the year. That alone even assigning a low pe ratio and without figuring in reserves should have us trading well over the buyout offer of .55.
which is why I dont see this buyout being approved, I do not want to accept 8 to 10 per cent value on my investment.
with a good comprehensive geo report and audited financals there is no reason at all that this stock should not be trading in the 3 to 5 dollar range.
I believe one thing we will learn is that this offer of .55 did not come from current management otherwise this geo report would not have been ordered and the recent pr about production would not have been released. I believe this .55 buyout is dead.
What I do not understand is why this company is not publishing some audited financials. It appears that we will have processed 66,000 ounces of gold approximately. We should have about 6 to 8 cents a share profit for the year that alone should have the pps over .55 without even assigning value to reserves, I dont get it.
i hope they will change the meeting location to one more beneficial to shareholders such as las vegas
if this company can publish some financials, get these geo reports done, continue processing gold at 66000 ounces a year than .55 buyout is ridiculous, I am tenetively changing my vote to no on the buyout.
what about not getting the proxy out can he not understand?
just give me my .55 a share they can have whatever extra value their is in the company
maybe well get lucky and all be out of this with our money before christmas.