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I think we should except the original 38 cents offer. LOL
This looks like NNRF all over again. Wahooo.
Welcome Benz. I bought this a few days back. Looks like it could be another rocket like our NNRF. You and I seem to own alot of the same ones. I think we have both been in the AURC and NNRF since the beginning. Good Luck to both of us. LOL
Yes AURC has 8 billion in assets
and goshortandstrong has no assets.
This stock is so boring it does the same thing every day. It goes up a $1 every day.
Argggggghhhhh take the woman below.
Thank you 2create.
Of the last 400 posts only about 2 have contained any substance. It seems there are alot of lonely guys here having a circle jerk.
Anybody have any idea when this stock might move?
Just kidding. Boy is this fun. I guess NNRF is going to win my favorite stock of the year award.
I am aware of that.
What some of you Brain Trusts just cant seem to understand is the value of AURCS reserves in the ground are 9 billion $s. Let me repeat in the ground. No one here as any idea how many years and how much money it will take to extract the metals.
For an extreme example what if it would cost 10 billion $s to get the metals out of the ground. Than what would the company be worth?
Obviously this is an extreme example but the point is we dont know what these assets are worth but its some fraction of 9 billion $s.
Yes and I think the same people that shot Kennedy are involved in a conspiracy here with AURC. They are getting old and this will be there last big conspiracy.
OK I predicted 50 cents to $3 here and said if I was wrong I would say so here. I WAS WRONG. Unfortunately I thought if I was wrong it would be because the offer was higher not lower than my prediction.
That being said none of us has any idea what this company is worth. The 9 billion in assets is not in a warehouse it is in the ground or in tailings. None of us have any idea what the assets are worth after expences to extract it. 38 cents may be a good offer or it may be really low. I dont know. What I do know is getting this offer is a good thing. Now we just need to see what transpires over the next few days. I would like to see them ask the bidder for more and than except.
Posted on a private message board I belong to.
MVIS;
On this past Friday, April 20th, the 5 company officers filed S-4 forms with the SEC. The breakdown is as follows.
CEO...........................Alex Tokman........215,750 shares @4.39
VP Gen. Council..........Tom Walker..........108,008 shares @4.39
CFO...........................Jeff Wilson............107,614 shares @4.39
VP Research...............Madhavan Sridhar...82,000 shares @4.39
VP Sales.....................Ian Brown..............46,800 shares @4.39
I believe we will see the next move take place between May 1-15. Should see a surge prior to May 8th. MVIS is in Orlando for a wireless show the 8th thru the 10th, and CEO is addressing investment community in Monterey on the 8th. This will also be nearing the timeframe the CEO has laid out for an announcement. Along with the above S-4 forms just taking place, the signs are there if you have followed the company closely over the past 2 years.
Me to I am saying 5o cents to $3 because I am being conservative. If we get bought out for $5 I will say right here on this board that I was wrong and I will also be the happiest wrong guy you have ever met.
Benz I was thinking about your post on the short position. The last couple days I have been off and on watching Level 2 and it has been taking massive amounts of buys to move the stock up. It looked to me from the way buy after buy were going off at the ask like MMs were averaging up there shorts. Something they would tend to do on a move up in a pink. Normally once the buying stops they start hitting the bid and low and behold the stock craters and they have a chance to cover. In this situation I think as you were saying these guys have a rude awakening coming on Tuesday.
You can be sure the buyer has looked at the 9 billion in reserves, figured out how many years and how much money it will take to extract them, and figured a conservative future price for the metals. After that they figured in a nice profit margin and discounted everything for what could go wrong. At that point they made an offer of some fraction of 9 billion $. My guess the other day was .50-$3 a share and im sticking by it. 2create thinks $3-$4 give or take .50 and he is much closer to the situation than I am. I will be really happy anywhere between .50 and $4.
Ive been in AURC since the beginning. Tree people originally told me about it and 2creates DD kept me in it during the good and bad.
NNRF I also bought when 2create mentioned it. Have sold alittle at each $ it moves up and still have a nice position.
2create did awesome work on NNRF and now its AURCs time. The guy is simply the best due dilegence guy out there for these small companies.
I bought yesterday and am really comfortable seeing as I only bought a little higher than the large insider buy. Normaly dont buy biotech but this one was mentionioned on a private message board I am a member of (Pirates Cove) and with the insider buying and nice looking chart I took the plunge.
Geo has gone silent and that is a good sign.
Damn another boring day with NNRF. When is this thing going to go up?
Just kidding.
Dont worry I have Putin under control.
I hope Putin has a bunch.
Nine billion in reserves just confirmed by audit and Russian Governement.
My guess is its between 50 cents and $3 a share in cash or stock. This is only a guess. I see 2create appeared for a minute.
(COMTEX) B: Aurus Due Diligence Completed ( Market Wire )
B: Aurus Due Diligence Completed ( Market Wire )
NEW YORK, NY, Apr 18, 2007 (MARKET WIRE via COMTEX) --
Aurus Corp. (PINKSHEETS: AURC) announces that the due diligence
required in the purchase offer has been completed. 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.
About Aurus Corporation
Aurus Corporation is a publicly traded mining holding company with
several precious metal properties with over 5 million ounces in gold
reserves, trading under the ticker symbol AURC on the US Pinksheets
market. Aurus seeks to continue acquire proven gold and other
precious metal reserves in Russia and other emerging counties and
operate its mines through joint ventures and/or partnerships.
Contact:
Jeremy Krause
Managing Director
Business Development Consultants, LLC
1-858-384-0294
Oh forgot also own BWLRF.
Just found this thread. Have been heavily invested in mining shares for more than 4 years.
At this time I own GG,BHP,NTO,NXG,TGB,VGZ,CGR,PGDP,GLE and AURC.
I just bought some CVVUF this morning. This is the first relatively pure Uranium company I have bought and it seems pretty undervalued. Anyone have an opinion or also own it.
and we are off to the races again
If you havnt looked at stock tigers site its pretty interesting. I just looked at it for the first time. He has a rec. on NNRF on it. http://stocktiger.com/
could everyone JUST STOP REPLYING TO IBROKEN PLEASE.
OK abbam that is funny. You are right sometimes I want to put 2creates posts in google translate so I can understand them.
Lazyeye I would like to second everything you said about 2create. I also have been here from day one and in contact with 2create. I gave him some info on valuing gold companies when he was starting his due diligence. Since than he has gone 1000 times more in depth on his DD on AURC than I would or could and the longs here should thank him profusely.
2create is absolutely the real thing no agenda other than his belief that AURC is the real deal. A vastly undervalued company. He obviously does not control the price of the stock which has been a dissapointment so far but on the other hand it has allowed the longs here to accumulate at very favorable prices.
I also bought a bunch of NNRF on 2creates DD It has come to fruition over the last month and risen 500%. Need I say more.
I dont know about the rest of you guys but I am really happy with the way things are progressing here. The only thing I am not happy about obviously the share price but I think that will be remedied very soon.
Bought some a couple weeks ago.eading really good things about MVIS. Normally stay away from tech.
Looks like we are going to open higher again today.
Another fine day in NNRF world.
I think IBROKEN made a bid for the company.
OK OK just kidding.
Like I have been saying for a year the patient will be rewarded. Thank you 2c for your perseverance.
diablo ignored boy is that a relief.
Was alittle weak this morning and now moving up again. Have a feeling we may see $5-$10 later in the year if they continue to execute the plan.
cfpjbs I owned both DEZ ($1.09) and WHT ($.83) so I can attest that these small miners can multiply many times. I also own AURC.