Chegenev owns Puma, not Dovgan.

I do not think that we lost Krong me either. Maybe a part of Roshal pile but not all of it....

Scientific-Methods Council (SMC)
of Mineral Concentration Department of TSNIGRI

9 persons – members of SMC

Thank Keith,

I hope they will recuperate the platinum but since no mention of it in the report. I prefer to stay conservative with numbers.

I will be very happy even if platinum is not recuperated but I will be lot more happy if it will.

Platinum value is about $125 millions.

Will see.

This report is a study to found the best methodology for the recuperation of gold & Iron in pyrite cinders. There is nothing concerning the silver and the platinum. IMO the silver and the platinum will be not recovered. It does not matter because these two nonferrous metals value are much much lower than gold & Iron.

Fast Krong value calculation

Gold
1.2g/t * 40 mil. tons = 48,000 Kg of gold
48 000 kg * 80% (recovery) = 38,400 Kg of recuperated gold
38,400 kg / 0.032kg/oz = 1,200,000 Oz of gold

1,200,000 * 900$ = 1,080,000,000$ of revenue

Iron
55% * 40 mil. tons = 22 mil. tons

22 mil. tons * 100$/ton = 2,200,000,000$ of revenue

Krong value (w/o Silver & platinum) = $3,280,000,000

We are in buisness guys even if we have only half of Roshal pile (40 mil tons) :).

Report extract:

A composition of the pyrite cinders taken from the tailing pond of Roshalskiy chemical plant has been studied and a process of gold recovery from them has been developed. Main commercial components of pyrite cinders are iron at 55.72% and gold at 1.2 g/t. Sulfur content in the pyrite cinders is 1.09%. In its composition pyrite cinders are similar to the products of annealing of pyrite concentrates with only one exception, namely lower content of copper 0.096% and zinc 0.15% in the sample.

Technological recovery of gold according to recommended scheme will be 80.03-83.3%.Cake after cyanidation has more 55% of iron and can be used in the cement production and the ferrous metallurgy.

Go to read the 43-101 again because you miss something important...

We are also in the same position as you. We are waiting for Aurus PRs that will give us answers.

Slava is just the middle man and he cannot gives much info.
The TA is gagged, so he cannot reveal the exact share structure.

Dub,

just look DOS history posts (last 2 weeks) and you will found your answer about TA update.

Sun

Your story does not make any sence.

You heard something here, something there and you use this as proved conclusion. I am not impress of what you give us,it is just speculation only.

From what you are telling us, we lose everything and we get anything in return. Hummm!

I think you miss important informations somewhere that can change completly your story in the favor of Aurus shareholders... There is a very good chance that your story/conclusion is totally wrong.

Will see.

Sun

Nice found, it is a good thing that the 43-101 being available again. It could indicate that they have nothing to hide.

I would like to see the Russian report also.

Will see later.

Sun

Agree,

A single positive PR can change the atmosphere here from totally sad to happy and the pps could climb so many fast that buying will be impossible at this price.

I really hope that a positive senario will happen soon.

Sun

I discuss forum matter with Slava (high quantity of negative posts) and he seems not understanding the high impact that have those boards on pink sheet pps. Public board has a big influence on penny stock pps...

Presently, I do not understand why the PRs take so much time to be released. Maybe we will have a big positive suprise but for the moment, I am just tired of the waiting.

The waiting when pps climb is not a problem, but the waiting when the pps drop is not funny. The slow reaction of Aurus BOD just add fuel on fire....

I am waiting with you for the moment.

Last month, I was thinking the web site was not reopened/completed because to company will be sold imminently (buyout).

There is not reason to update a web site if you sell the company...

Now, I am starting to think that no buyout will happen and they are just too lazy to finish it....

I ask a lot of question about the web site and the only answer I get is, it will be reopened soon.

Dos, you confuse A/S and O/S.

Authorised shares (A/S) is the maximum number of share that can be issued on market.

The outstanding shares (O/S) is the number of issued shares at a specific date.

Example:

A/S = 500 millions
O/S = 400 millions (01-january-2008)
Remain 100 millions that can be issued later.

On 31-january-2008, the company issued 50 millions shares to pay consulting service.

A/S = 500 millions
O/S = 450 millions (31-january-2008)
Remain 50 millions that can be issued later.

On 15-febuary-2008, the BOD vote for a 10/1 R/S that will be effective the 01-march-2008. A company can vote without a shareholder meeting if the BOD control more than 50% of the O/S + 1 share.

A/S = 500 millions
O/S = 45 millions (01-march-2008)
Remain 455 millions that can be issued later.

A company do a reverse split because it remains not enough shares that can be issued in the futur. By doing a reverse split, they can continue to dump shares on market and pps fall accordingly.

Trust me, a reverse split is the last think you want to see.

Aurus R/S is just another rumour/speculation.

No it means that he has no answers for us.

The only answers Slava gives to us since 2 weeks for all of our questions is:

Wait the upcoming PRs.

All this waiting is frustrating but we cannot do anything except selling or waiting unfortunatly.

I try 3 time yesterday and I got no replies yet.

My patience is running out....

Keith, those people want to create favorable occasion to buy low and sell high using manipulation tactics. It is their game unfortunatly.....

I am not agree that Monimpex people still involved in Aurus. I think Aurus made a clean up last summer.

IMO those people wanted the make damage to Aurus since they get fired....

I choose the miracle.

Only 2 things can move the pps considerably IMO:

1- Buyout with a respectable company that we could confirm.
2- Audited financing by a famous firm with 50 million+ revenue

It is confirmed that Roshal tailings has gold of about 1.2g/tons.

What is not proved yet is the ownership of Krong Ltd by Aurus.

I think we will get all those answers/updates during march. IMO some this week.

I am frustrating against Aurus too. Their slowness is so desperating....

I choose to give to Aurus BOD some more days for their PRs.

I hope that we will not regret.

Really sorry loni for the actual ridiculous pps.

To those who think that the fall of the pps on monday marks the end of Aurus are totally in error.

What we saw monday is simply someone who has dumped a large stack of shares at market prices (equivalent to the AURC average daily volume, in a single order). All experienced investors with penny stock market know that this type of order always create a drastic pps drop and this is valid for all companies listed on the pink sheet market (few exception exist). That's why the pps manipulation is so easy with penny stocks. Large sale on BID always kill the pps... It is normal to have a pps crash using this type of order. The effect is nothing unusual.

What is unusual is that someone has put this type of order on market. Does someone was no longer tolerate the declining of pps and he decided to liquidate his position by frustration? Very possible, often we do not made the smarter move when we are influenced by our emotions. The other possibility is that Aurus
has been subjected to a manipulation by a short seller. Given the circumstances surrounding Aurus, this is the most realistic possibility but I have no proof. Unless someone wanted to make a confession!

There is no doubt that Aurus must react very quickly to regain investor's confidence. If the company does not respond
this week to reassure shareholders, then I will be in agreement that we have a serious problem on our hands. For the moment, I am not happy with the sad situation but I will wait until end of the week to see what Aurus will give/show to convince us that we invested our money in a good company.

I do not want to influence anybody. I just wanted to make some clarification about the pps fall that has been created by a single sell order at market price (about 1,500,000 shares dumped at market price - about 50% of monday volume in only 5 minutes). It is not yet a general protestation movement of the market since it is a single ordre that create the pps drop. It is absolitly normal to have had such drop using this type/volume of order. This is the second time that this type of order is used against Aurus in 3 weeks, it smell the manipu...

Everyone, makes your own decision about your investment in Aurus.

This post is just my opinion.

Sun

We need PR that will attract long term investors.

For sure, PR attract a lot of flippers that will dump their shares at the first occasion. It the same patern for all public companies. Nothing will change that. What it could be changed is the proportion of long term investors in Aurus (more is the best).

Good news like dividend, good financing report, increase gold production, etc attract some long term investors. More we have long term investors, more it is good for the pps.

Actually, people sell their shares because they are feeling bad to see the pps droping continuesly. The pps manipulation do not help either IMO.

The actual problem is Aurus fail to attract long term investors. Flippers and bad emotions have the control of the pps actually. We need a serie of good news with short term rewarding (dividend) and long term benefice (gold production and good financing report).....

So, Aurus BOD remove your hands of your pant and give us results.

Sun (last post 0/15)

No, I got one this weekend but not today yet. The response I got concern negative poster here, not new information to share....

I report today situation to Slava. I hope Aurus will finally see that fast/serious actions is required, NOW.

Sun

Around 1,540,000 shares were dumped in a market order (take less than 5 minutes to fill).

Someone loose a huge among of money or he will loose a huge among of money (short selling).

Sometime people are so S****D.

I hope it will give a reason for Aurus BOD to react faster and give us something very positive.

Sun

What you mean?

It is easy to kill a pps when you put a sell order on market.

I already made the test once (not on AURC) and pps always go up soon after.

It is not a big deal, just a too fast dump and market cannot react accordingly...

I think pps manipulation or someone tired of the waiting and dump on market, what a mistake. For sure it will go up soon.

F***, I have no money free until tomorrow. I want shares too.

Is it you that dump all those shares?

I think will will get an update about those subjects this week.

Since 2 weeks, a lot of emails were sent to Slava requesting updates. Those updates will not come out overnight unfortunatly.

I am also tired of the waiting. I want news and proof. I will continu to put pressure on Slava this week. Hope it will result to something.

PRs will come out soon.

Be patient guys.

Totaly disagree.

I saw a lot of 43-101 reports and the one presented by Aurus is in the standard norms.

I do not know who is your contact but he is totally wrong.

EXPECTING a PR this week. NOT A PROMISE. You play with word signification and you know as me that delay is very frequent.

All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.

Valid for you too. You just repete your wrong opinions.

Totally wrong.

All opinions. Zero facts.

You never have a meeting cancelation/reported? We do not know about the buyout. If they avoid the subject in the upcoming PR, maybe then I will think the buyout was a fake.

Not now.

Loni, I am not happy with the situation too. The BOD needs to give us a lot of explaination but it will not come overnight.

The delays on PR is very frequent with penny stock company. The situation is not exceptionnal. I can leave few more days to publish a PR.

It is just an example.