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I really don't believe that a lot of guys here have shares as they claim. Imagine if you have been adding shares for 2 years, would you really want the share price to drop a teeny bit so that you can add more? A small drop will have a bigger effect on your portfolio because you've been averaging down. This will cause more pain. If you actually believe that the share price will zoom, by nature you'll buy as many shares as possible at the prevailing price.
Now, I know that there are some trading strategies that allow for scaling in bits to build a portfolio, but what investors is claiming to do does not fall into this.
Just my opinion.
mr D, if rock Gilbralta eroded at the rate the pps of aurus has, there wont be a rock Gilbralta today. Just in case you havent noticed, the pps has almost halved since the divvy issue.
whether its Economy or not, all you're doing is buying and selling. The profit you make is someone else's money.
Dos, Trading shares is like running a store. You buy some items to stock your store with, in the hope that someone will come and buy them from you, at a profit to yourself. If you run a store won't you want some profit? The profit you make is someone else's loss isn't it.
AURUS is not a scam.
AURUS is not a scam.
AURUS is not a scam.
Now I've seen the LIGHT!
In the business of buying and selling shares, they say that the majority is almost always wrong.
"basically about 100 of us are "on the same page", while just a handful refuse to even "buy the book". "
When is soon? Some are still waiting. Just read this, should serve as a lesson for aurc newbies.
Posted by: dreaminofsailin
In reply to: None Date:4/19/2007 5:02:45 PM
Post #of 80032
Today was nice to see. If we get the $3.50 offer (average of 2Create’s $3 to $4 guess) I could pay off my house with a $2000 worth of my investment, not bad, not bad at all. Then I could buy a bigger sailboat if I wanted with some of what is left over. But I am hoping to find some more hot stocks.
My buy today got my average down to .1153 so I am GREEN again, it has been a while. Can’t wait to see what tomorrow brings. Tuesday at 4pm we will all start hitting our refresh keys on our stock news. I hope it is everything we all have been waiting and hoping for. Good luck to all here, but mostly to the longs, some of us have been posting here and been in this well over a year now.
This will be the biggest shock event for me, ever. I started out with very little money, and thank all who have helped keep me here. I watched as we went from .07 to .435, then back down to .04. Damn I hope this works out, for all of us. This will be a life changer for me if we get anything over $3.00
GOOD LUCK ALL!
2Create,
Party,
Benz,
Marcg,
SR,
just to name a few, thanks.
DOS
When is soon? Next week? next month? next year? next decade? May I remind you that many longs on this board have been hoping for 'soon' for over a year now.
Soon we will be able to verify our own bank deposits...courtesy of Aurc.
I don't understand your last post. Kindly elaborate. I know you're trying to be funny, but I don't get it.
You don't have to wait for 23 days. If the proxy is not out by the 19-21 November, the meeting will most likely be postponed again. So the good news is that you will know earlier than 23 days, but the bad news is that another postponement will prolong the agony of owning aurc shares.
"we have to wait 23 more days for good news."
inxy, I have faith, just not in aurc. No point having blind faith. All indications point to this being a SCAM. Why contunue to have faith in aurc. When it comes to trading you have to look at the reality.
stlstl08, don't worry about it. There ain't no meeting taking place ever!
cfpjbs, kindly PM the new details you have. I promise I wont Laugh Out Loud.
MikeJones, To_profit has long been a buyer of aurc. Rencently, he posted this:
"Posted by: to_profit
In reply to: None Date:9/28/2007 12:09:10 AM
Post #of 79515
Couldn't help
Loaded back today @low 6s.
there should be a big PR on Monday
Hope we'll break through 10c
I love this stock! My best moneymaker this yr.
It looks to me that the management need to drive the pps way-way up
".
I think other longs will do well to listen to him.
ckirbygo, sure its your money. Thats not what makes me want to scream. I feel like screaming when I read pathetic excuses offered by investors like you in defence of inexcusable Aurc's laxes.
Like i've said before, I cannot prove that aurc is not producing gold because I cannot prove a negative. You cannot prove a negative. ever! This is why a prosecutor has to prove that a defendant has commited an offence rather than the defendant prove he/she didnt commit the crime.
What evidence other than intangible contract with a geological surveyor has aurc offered. There is no evidence that they bought any equipment, no certicate of deposit for the gold, etc.
So you see, its not the fact that you made a choice to invest in aurc that exasperate me but the PATHETIC excuses the longs offer to fill the inadequacies create due to a scam being perpetrated.
ckirbygo, do you honestly/seriously believe that Aurus is producing gold worth millions $$ /month?
If they are, the price won't be $0.042. For crying out loud this is selling for less than TEN cents per share. They must be keeping their production of gold (worth millions $$ /month) very secret. Everyone who REALLY knows about their gold would've been scooping up shares like crazy thereby driving the price up, but that's not happening.
People really need to wake up here. The price of Aurc is moving INVERSELY to the price of Gold. Does that tell you anything at all? Yes! NO GOLD. I repeat NONE! NADA!
Gosh I feel like screaming sometimes!!!
Nice post benz. Maybe that will wake some dreamers on this board.
And why is their website not in Russian?
" but he is the first to admit that although he is sceptical he can't prove that AURC is not producing what they say they are...."
thats because you can't prove a negative. surprised?
good for you adams . All the best.
how can you prove a negative.
Think about it, how can you prove there's 'no production'.
'no production' is a negative. Its just like asking saddam to prove that he had 'no WMD'. Even if he allowed inspectors to scour the land for 100 years that will not prove that he had no wmds.
You cannot prove a negative. Its impossible.
If cf has any proof he can be helpful to other longs and share it. The more people that believe in the genuineness of aurus the higher the pps.
invenstor, good news indeed.
Why is no one asking for the proof and verification.
"It has been proven and verified."
Hi carl,
Aurus tried to get back "on good standing", but they are faltering, after delivering divvies, they are behind in the issuance of proxy forms for voting at the shareholders' meeting scheduled for Nov 9. thats basically where we are. You can catchup on PR's on yahoo.
http://finance.yahoo.com/q?s=AURC.PK
ibreken,
They can continue to lie to themselves if they want to.
I just called them. They will not confirm or deny whether AURC is being investigated or not. They said that they don't disclose ongoing investigations. They advised that I go to their wrebsite and search the litigation area for aurus corporation. I've been searching, so far no result.
In as much as I suspect that aurus is not exactly what they portray themselves to be, I will not give false information to cause fear or panic for investors. You have to do the same.
I have not said that the main agenda of the meeting was voting for the buyout. It is implied that voting will be on the agenda.
"This date was chosen to permit sufficient time for the shareholders to receive their dividends as previously announced. "The shares issued as a result of the dividend carry voting rights and it is important that these shareholders be permitted to vote in virtue of these shares especially on important matters such as the offer that was submitted by Kartex to purchase all the outstanding shares for $.55 per share as well as other matters," says Fedor Dovgan, president".
Now you said "Whether or not is implied, depends on how you read it."
Now tell us, how can you INTELLIGENTLY read the PR and not think that 'voting on important matters' will not take place at the meeting.
I accept that other things apart form voting will take place at the meeting. The PR (pasted below) suggested that the meeting was "to discuss their business model and present other achievements".
Press Release Source: Aurus Corporation
AURUS Corp Calls a Special Shareholders Meeting
Tuesday July 17, 10:30 am ET
NEW YORK, NY--(MARKET WIRE)--Jul 17, 2007 -- AURUS Corp (Other OTC:AURC.PK - News), a junior mining company specializing in gold extraction, has announced today that it has retained the services of L2I - Financial Solutions Consultants for the purpose of organizing a special shareholders meeting to be held in late August or very early September 2007. The contract granted to L2I is for a three month period. The Shareholders meeting will take place in the United States: place, date and time will be communicated to all registered shareholders by formal notice. L2I - Financial Solutions Consultants is a leading provider of state of the art investor relation services to microcap companies traded in the United States and in Europe.
AURUS management is presently completing the company annual reports for 2006-2007 as well as the financial statements. The Shareholders meeting will be held in a convenient location in the United States to facilitate the participation of all shareholders and to guarantee a very broad attendance. ''This meeting will be a unique opportunity to demonstrate our strong commitment towards our business model and to present our achievements,'' said Fedor Dovgan, chief executive officer of AURUS
My point is that voting for the buyout was supposed to be on the agenda too. Now it looks like it won't, which will be a failure on AURUS's part to deliver on their word.
How do you know what will happen at the end of November. Even if Aurus is a scam(which I guess it is), it has been going on for some time now, who knows how long it goes on for.
The longs on this board have a point: 'if this is a scam, the pps whould be subpenny by now'. The pps has been resilient. The AURUS story continues.....
What is the point in trying to make excuses for AURUS? The PR clearly states that the meeting date was set for November to allow SH's receive their divvies which carry voting rights. This implies that voting was definitely on the agenda of the meeting. Whether it is the main agenda or not I don't know.
Quit making excuses for AURUS and see the company for what it is. It is a pink company which carries high risk of trading because pink companies are not as tightly regulated. Pinkies fail to deliver on what they promise most times. Aurus could be a legitimate company and still fail to deliver on their PR's, BUT YOU HAVE TO CALL A SPADE A SPADE.
No need for spins.
"Nowhere in this PR does it state that the meeting is being held specifically for voting".
Can anybody tell me what 39% of Zero is? That is what will be gsined if you hold on rather than flip your AURC.
"The volume is only dry because the spread between bid and ask is too wide."
You've got that the other way round. You get a wide spread when volume is low.
"I am curious: why do people not use common sense when buying and selling stocks? ie buy when there's panic (@.05s for aurc) and sell when everyone is saying .14 soon and volume is high ie@.075-.08 for aurc?)
I'm puzzled by some of these people--read some books on trading and learn; better yet, just observe the action like i do.
"
You did'nt sound so confident after taking the trade some few weeks ago. Did you?
....
4th i hope one more pump gets me out of this mess (i bought more 2day am i the dumbest sack of crap that existed or what???) anyhow, aurc shall be my last pinkie seriously us retail types aren't suited to the bs it's all an insiders game or ppl that are criminally minded imho.)
a kinda pissed off divestor (how can losing money be an "investment?")
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21314446
Many of you on this board have called me a basher on this board, and I've explained to you that I always look at things from a technical point of view.
Now, the technicals are telling me to buy. I will always follow my system, so I will begin to accumulate from here. I will close for a loss if we fall to 0.065. So if anyone is interested, use this drop to accumulate, but the signal turns to negative just below 0.065.
GLTYA.
why's that funny to you?
"you know its going to $17"
I99, I'm not greedy. when it gets to $16, I'll buy a million shares and close it when it gets to $17.
AURC is flying today!
Buy Buy Buy some more PLEASE! New SUCKERS needed around the 0.06 level soon going sub 0.05! Any takers? Hurry up!
We can expect some interesting PRs from now on.
"I cannot give you specifics information ..."
For a firm that would be in charge of releasing PRs, Christine needs to polish up her English.
"I cannot give you specifics information ..."
Are you sure the email was from Legace&Legault? If so, we are beginning to have an idea of the quality of PRs to expect from them.
Or is this an elaborate effort to pump?
Now seriously, if you bought at 0.30 and you're losing money, then you buy more at 0.15 yet you're losing more, so you buy more at 0.10 and yet your loss is getting astronomical. Now you're real broke. If everything is okay up there, would you buy more at 0.06? Come on buddy, go get some more money from somewhere and buy more PLEASE!