Still no news as promised this week.
Better see something worthwhile by Monday or Parkin better stop pumping and leading us to believe good news is imminent.
He has not yet earned the benefit of the doubt.
A few hot and steamy PRs does not a reputable pink sheets company make.
At least AURC was a little more stable today.

These NEVER trade off NPV. I suggest you compare this to some of the real players (BGO, CBJ, KGC, etc) for potential long-term future price comparisons.

If you don't like my previous computation, try a simple price/sales analysis with me to get a little higher PPS (if you must dream).

Let's say the Average price/sales may be around 5 (range 2-12).
If AURC eventually produces 350,000 oz/yr (don't count on them reaching 384,000) they will likely have to at least double their exisitng OS.

IF AURC sales get to $175 million (350,000 x $500/oz) and we ASSUME a price/sales ratio of 5 and OS of 220 mil, then we can arrive at a hypothethical price per share of ~ $4.00.

This would be the pipe dream of dreams and would take a long time to see even $1.25-2.00 (if even half of this comes about and gold stays strong, which I think it will - and expect to see $700/oz).

I'll still be happy with $.50, and I'm jealous of those who are able to still accumulate at these levels (<.05).

Don't get shaken out (volume is puny), but don't lose your shirt.

Thanks for the warm welcome and thanks to tree for initiating the board with terrific opening info.
Judging by the increasing number of posts, looks like the board is picking up steam...hope the stock is right behind

good luck everyone...I'm all in, callin' the MMs.
RUcrazy, yes

Valuation for a non-producing gold company listed on AMEX is = 10 multiplied by the amount of reserves then that number is divided by the number of OS. Good examples include GRZ and NAK, which are respectable companies with very good properties.

Hence for AURC (which is unlisted) we get ~ (5 million ounces x 10)/100 million shares outstanding = approx $.50

I would be thrilled with $.50!

If AURC has properties that are indeed producing a fair amount of gold (~100,000 ounces/yr) then there may be a little premium up to ~25 instead of the 10 multiplier listed above. However, AURC is not even close to being listed on a reputable market, and consequently will probably not get such a premium until it is on the verge of such listing, e.g. AMEX (Frankfurt does not count).

Transparency will need to be forthcoming for any real money to be thrown into this one. A website and public filings would be a good start.

good luck everyone.

I'm on for the ride since last week...RUcrazy