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Exactly, specbidder. This won't be another NWOG-- two totally different entities, different mgmt., etc.
In fact, you can tell the board is taking the pre-emptive approach of dealing this issue by issuing a PR which addressed the offer AND announced that Aurus was performing DD on it. If anyone remembers correctly, the whole problem with the NWOG debacle is that Parkin went ahead with the PR regarding the alleged buyout BEFORE anyone investigated the interested party or it's offer. When it turned out to be bogus, the PPS headed south and never recovered.
These guys with Aurus are way too savvy to allow this to happen. This deal is the real McCoy, folks.
Want to know what should impress the buyout party? The most recent financials show that AURC has not leveraged itself to the hilt at this point. As a result, any acquiring firm will not be saddled with a huge amount of debt or operating losses.
Therefore, I suspect Aurus could actually receive more than one offer before we're done--
DT- what it tells me is that there are plenty of individuals who are attempting to buy cheap and/or are flipping this stock. There would not be this level of conversation happening if the company had nothing to offer- nobody would even post here.
We're going up in a hurry and everyone, even the bashers, understands this.
If the prospective offeror is well-known, there's no telling how high the PPS could go. You have to believe that an offer in the range of $400M is certainly possible, given the amount of reserves Aurus currently possesses, which would put us at $1.25.
I could live with that.
Congrats, 2C! I must admit that this is the first time I've ever seen a company PR the efforts of a shareholder/board mod. To me, this is a flat-out shot across the bow aimed specifically at the liars who have been hurting the PPS of Aurus. But they must follow through on some of the other news/incentives if the share price is to reverse course and head upward for an extended run.
Somebody in mgmt must be really pissed to put out news like this...
It's all about raising the goalposts every time that Aurus or any other pink accomplishes a milestone. That way the bashers and flippers can hold down the PPS. True Aurus longs understand when someone is presenting some DD or an argument with integrity and 2C has never failed to disappoint in that regard.
Really? So if I need a form notarized, I can just send it to my accountant, right? And the state will honor his signature as a notary, despite the fact he does not have a notary seal or the bond the state requires for him to be a notary?
Let's just see how long we can split this frickin' hair, doc.
They don't care about the signature, marcg. All they want to do is complain. The lying bashers would never leave this board no matter what they promised, anyway. Our best tactic to combat this stupidity is to call them on it (as we are currently doing) so everyone else that frequents this board can make a mental note as to what their fellow posters are saying. And they'll have mud on their face at that time.
After all, how big of an idiot does Ibreken look like right now after guaranteeing that we would not see any audited statements from the company?
LMAO- in what way is a CPA signature a "notarization?" What he is doing is rendering an opinion on the validity of the companies' financial history as presented to his firm. It is a much higher standard than is required by a notary, who is merely a witness to an individual's signature. The term certified actually is derived from his status issued by a state board which has duly "certified" the CPA as a result of passing education and testing requirements.
Being a doctor, you should know better-- oh, that's right, you're not a real doctor ;)
I hear you, sagan. All these experts blowing steam about whether the audits have been notarized, verified, blah, blah, blah.
And when they are, they will indeed find something else to bitch about. Like I said earlier, there is nothing in those financials that is going to make Aurus a $1.00 stock tomorrow, next week, or next year. Only increased production will. Period, asus, et. al.
Now I'm going to move on until I get my divi. Then I can come back & listen to the whiners say "what took so long". Out.
Does it really matter at this point? I mean, the fact that the consolidated statements have not been audited is just a mere formality-- the results aren't so earth-shattering that we should be concerned with their authenticity.
The amount of ore being processed and the dividend is all we should be concentrating right now. Numbers, audits, and the like will all be forthcoming in the near future. And with the number of shares being updated in the past week, there's no reason the divi shouldn't be in our accounts by the end of April.
319M O/S is final tally...
A little more than I expected but looking at the quality of the Krong acquisition, can't really complain too much.
So we are now sitting at a market cap of $17M. At a P/E of 15 we would need to see about $50M in annual revenues to justify a $1 PPS. That certainly seems realistic and achievable given the $4B in unmined ore Aurus has.
Great news- we have financials and the best verification of our assets available. But keep in mind that this is all as of 12/31/06 and there have been many more developments since the start of this year, e.g., increasing production, stock divi, buyout offer, etc.
I would really like to have an idea of the total revenue our shipments have netted for the first quarter and see the dividend. Then we will begin to realize our true value IMO. But we look like we're getting close to the promised land (slowly but surely)
Ho-hum... another yahoo I get to ignore. Go ahead & sell- anyone with an ID of P2D can go find a real turd to invest in rather than a firm with billions in assets
BTW- I see mgreg has been booted.
Excuse me while I step away from the computer to click my heels in joy. My only question is what took so long? J/K ;o)
Good day Aurus longs- I haven't posted in a while since it appears that we are locked into a state of limbo over the past several months.
There are plenty of issues/PRs that have yet to be deciphered and I'm wondering if the BOD realizes the long-term effect that this will have upon it's PPS and shareholders. We have been more than patient in waiting for the stock divi, production figures, and financials- with no consistent follow through or resolution on any of these items by management. I don't see how the stock price will ever go up on any buyout news when we can't fully trust the company on previous news releases.
Still long & strong, but just a bit irritated and concerned that the patience of the shareholders is being taken for granted here.
I agree Brahms- all these bashers haven't shown up because this stock has nothing to offer. Massive news is on the horizon IMO- & it's not necessarily going to be reflected in the statements.
whoops, market closed. Don't mind me, I'm obviously in the wrong time zone :o)
Now .051x.088-- someone obviously doesn't want any more volume on this stock today. Wonder why?
.065x.088?? What's going on here?
Either something's up or MMs are really jerking us around...
Steady volume, PPS holding up nicely here. Come on MMs, if you want to see > 5M shares traded, move the price up to a dime. Just quit the hand-wringing and do it you wimps.
Do you think he has even seen 2Create's video yet, cfpjbs? I doubt it. Has this guy made any comparisons with other companies to back up his claims?
Just another alias of the many that have come and gone here. And after a year of yelling scam, Aurus is still around and moving forward with it's business plan as we speak.
At least the board members of Aurus allowed themselves to be videotaped during a tour of the facilities. How many bashers would allow anyone to see their face in public?
Why the bashers are here...
There is one main reason that we are seeing a rash of these idiots on this board recently.
They have an audience.
If you want verification of this just go to the Aurus board on Raging Bull. I haven't bothered to look at that site in months and after seeing the message board there, it appears that nobody else that really cares has been there either. The only response that the bashers are getting there is from other bashers.
This is what they really want, though. By driving away longs that are willing to speak up about the merits of investing in Aurus, they can hold down the amount of buying volume/investor interest and bolster a downward spiral of the PPS. DON'T LET THEM DO IT HERE. Thankfully, we have a base of knowledgeable people on this board and a moderator like 2C to make sure they don't get away with it. Ignore the bashing idiots, keep positive about Aurus' prospects, and we will all prosper. Just my two cents...
Now that is truly a laughable post.
But if you are indeed telling the truth here, gregory, then will you leave this board permanently if Aurus is not delisted by June 2007? After all, you have made a guarantee, so either put up or shut up.
What the heck am I doing, anyways. This guy can't be over 16 years old.
As low as the PPS went several weeks ago, there shouldn't be anyone that hasn't managed to attain a position in Aurus that will allow them to make some pretty decent $$ in the near future. After all, we're invested in a company with billions in AUDITED minerals just waiting for processing that has a market cap of less than $15M.
I think so capecoral- the way the PPS is inching up you almost feel that the MMs are going to cut this baby loose this afternoon & set up a wild ride for next week.
JMHO, but I believe we see a close over .08 today.
That ignore feature is the best part of the I-Hub membership, Thrill. We have much better things to focus on than the motives of bashing losers trying to make a few bucks so they can take the kids out to Sizzlers tonite.
Should've bought a couple weeks ago, poorjoe,
Now you resort to bashing so you can get in lower & flip (like you probably just did)
Tell you what- why don't you go back to hyping sub-penny crap like RSHN over on the Allstocks board like you did last year? This company has too many assets and way to many sophisticated investors following it to have two-bit bashers like you trying to convince us of how smart you are.
And don't bother with the response because you are officially on ignore. Happy investing ;-P
Looking beautimous these days. The activity on this stock has definitely taken a turn for the better, maybe the beginning of an extended run? Something tells me a killer PR is in the works...
Now if we can just get back to a dime by the end of the week...
LMFAO, cfpjbs em
Actually there was also very little volume for the price decline also. I still think all this fluctuation is MMs messing around- there hasn't been enough earth shattering news to induce activity and they are looking for some weak hands to bail.
I wouldn't doubt that this stock could go to .20 on less than 10M shares traded.
Sweet! I'm sure delaying this info weighed heavily on the stock, & once the shares are doled out we will also get a report on the O/S count.
Now for some more production and audit news...
What I think is that they are busy running their business and blowing off all the PR/shareholder stuff. This company is not at a point where they can attract merger candidates at this time.
If they are indeed producing gold at the rates they have previously stated, then the PPS fluctuation will work itself out and we will be back above .20 soon. And a report on the divi has to happen ASAP or we might never see a nickel again. Broken promises are poison for pink sheet stocks.
MMs are taking advantage of news vacuum and lack of follow through on divi in a huge way-- and with good reason IMO.
We were told in the video that shareholders would be pleased with the upcoming developments in the audit and since then we have been told nothing. As the owner of a company, I must say that they need to put out a PR now to support the longs that have defended them if they are truly worthy- otherwise, the stock is destined for a future of bashing and manipulation down to sub-pennies.
A market cap of less than $5M for a company with billions in reserves? This discrepancy in values defies all logic and gives the bashers all the ammo they need to yell 'scam'.
Just ignore the dude, michael. I've taken the position that I'm going to put all these bashers on my ignore list & it has made my experience on the Aurus board so much more pleasant.
The best feature of an I-hub premium membership IMO.
Price drop on low volume means nothing...
This can be expected with a news vacuum, no recent production figures, and a delay in the divi-- but I look for this to change soon ;0)
Goodbye carl, you 'unrelenting basher'
Consider yourself ignored. What a low-life.
Then what would you say, staybuff?
Welcome to ignoreland, Jimmy em
It's about time- this has been one long, crappy February for Aurus' PPS. With all the great news & price of gold, we couldn't be held down for long.
Makes you think MMs are counting on end of February blow-out news or some insiders are buying in advance of news.