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For any other company i could get on the phone and ask what the cost of production of the gold was. I could ask what the outstanding shares were. I could ask how much cash they have in the bank. I could ask why they would need a bond if they had X amount of money in cash. I could ask about what happened to the other properties of Aurus.
Who do i contact at Aurus to get these questions answered. No communication terminal is the biggest outpoint of the company.
When i get these questions answered then i will believe this company is not a SCAM.
Until then the jury is out.
Funny thing is i want to believe but,MAN,its difficult with this company.
What i would like to see from AURC management:=
1) Geological report published in English.
2) The report of the business from Arkadia in English.
3) Production figures and cost of production for the last year.
4) Upto date report on share structure ie o/s,and float.
5) Independent verification they have the profit from gold production in the bank or gold in storage.
I agree with you,but i want to see independent verification they have the money in the bank or gold in storage. Is that to much to ask?
Now show me the proof they have the money in the bank or gold in storage.
Yes we have been told that all along,seeker,but where is the proof. This company has been spouting how much they are producing but not one word about costs of production and profit margins. They have been producing for at least six months so wheres the production cost break down If Bullion rivers ceo can do at on a 2 week basis there is no reason AURC cannot do it every month.
Then they need to prove that they have the profits in the bank or the gold in storage. This would give them all the credibilty they desire and make the stock price shoot up. We now know they have the assets but we don't know how much its costing them to produce the gold. Find tis information out and i will triple my position.
Name: CENTRAL RESEARCH INSTITUTE OF GEOLOGICAL PROSPECTING FOR BASE AND PRECIOUS METALS
Place on exhibition: Pav.2, st.23.6
Address: Russia, 117545, Moscow , 129B Varshavskoye Shosse
Phone: (095) 313-18-18
Fax: (095) 313-18-18
E-mail: tsnigri@tsnigri.ru
Please do your own DD.
Interesting reading party,thanks. I still don't understand how it relates to AURC asset reports. So 2C is going into the gold business with another deposit with his friend Valentin. If he gets the money,good luck to him.
I take it you didn't invest. After Aurus i don't blame you.
However Aurus has proved it has the assets,now its got to prove its got the revenues thru gold production.
If they can do that,i cannot see why anybody can call it a scam.
Feel free to post whatever you want. I agree with you in the need for information regarding the Bond. However you have to agree that they actually do have the assets they say the have,
They need to explain why they need the bond if they are already making nice profits off there production.
They have proved they have the assets ,now they need to prove they have the production revenues. This will give them the credibility they desire and most investors want to see.
why don't you get a copy of the documentation from these guys if you don't believe Aurus.
Marshal Malinovsky, Bldg 6, Corp.. 1, офис 1А, 2Б 1, Suite 1 A, 2 B
Tel / Fax office 984-60-69, Tel. 773-95-02 Consulting Center 773-95-02
E-mail: contact@bk-arkadia.ru , mail@bk-arkadia.ru E-mail: contact@bk-arkadia.ru, mail@bk-arkadia.ru
(с) (c) 14.11.2007 14.11.2007
Call them...http://www.bk-arkadia.ru/ Prove your point.
Marshal Malinovsky, Bldg 6, Corp.. 1, офис 1А, 2Б 1, Suite 1 A, 2 B
Tel / Fax office 984-60-69, Tel. 773-95-02 Consulting Center 773-95-02
E-mail: contact@bk-arkadia.ru , mail@bk-arkadia.ru E-mail: contact@bk-arkadia.ru, mail@bk-arkadia.ru
(с) (c) 14.11.2007 14.11.2007
ibreken call them if you think Aurus management are lieing about their assets.
Name: CENTRAL RESEARCH INSTITUTE OF GEOLOGICAL PROSPECTING FOR BASE AND PRECIOUS METALS
Place on exhibition: Pav.2, st.23.6
Address: Russia, 117545, Moscow , 129B Varshavskoye Shosse
Phone: (095) 313-18-18
Fax: (095) 313-18-18
E-mail: tsnigri@tsnigri.ru
CENTRAL RESEARCH INSTITUTE OF GEOLOGICAL PROSPECTING FOR BASE AND PRECIOUS METALS
CENTRAL RESEARCH INSTITUTE OF GEOLOGICAL PROSPECTING FOR BASE AND PRECIOUS METALS
Name: CENTRAL RESEARCH INSTITUTE OF GEOLOGICAL PROSPECTING FOR BASE AND PRECIOUS METALS
Place on exhibition: Pav.2, st.23.6
Address: Russia, 117545, Moscow , 129B Varshavskoye Shosse
Phone: (095) 313-18-18
Fax: (095) 313-18-18
E-mail: tsnigri@tsnigri.ru
ibreken,why don't you call them and stop telling half truths and lies :-
CENTRAL RESEARCH INSTITUTE OF GEOLOGICAL PROSPECTING FOR BASE AND PRECIOUS METALS
Main information
Participant price-list
CENTRAL RESEARCH INSTITUTE OF GEOLOGICAL PROSPECTING FOR BASE AND PRECIOUS METALS
Name: CENTRAL RESEARCH INSTITUTE OF GEOLOGICAL PROSPECTING FOR BASE AND PRECIOUS METALS
Place on exhibition: Pav.2, st.23.6
Address: Russia, 117545, Moscow , 129B Varshavskoye Shosse
Phone: (095) 313-18-18
Fax: (095) 313-18-18
E-mail: tsnigri@tsnigri.ru
Also an updated A/S,O/S and the current float would be nice to hear.
Good job GSL. I think there is only one more thing that AURC has to address and thats why they would need to issue a bond if they are producing and making money. If that gets addressed i think its off to the races. Also it would be nice to know what the cost of production of the gold is.
Might be worth emailing them in English and see what happens. I'am sure they have translation software or even people translators.
Who said they had sold there gold they should hold on to it and sell it at higher prices. Its probably because they hold their gold as assets that they got someone to issue the bond.
Here is the CENTRAL RESEARCH INSTITUTE OF GEOLOGICAL PROSPECTING FOR BASE AND PRECIOUS METALS telephone numbers to verify what Aurus says:-
hhttp://www.geoexpo.ru/2004/eng/participants/direct/96518.stm
CENTRAL RESEARCH INSTITUTE OF GEOLOGICAL PROSPECTING FOR BASE AND PRECIOUS METALS
Main information
Participant price-list
CENTRAL RESEARCH INSTITUTE OF GEOLOGICAL PROSPECTING FOR BASE AND PRECIOUS METALS
Name: CENTRAL RESEARCH INSTITUTE OF GEOLOGICAL PROSPECTING FOR BASE AND PRECIOUS METALS
Place on exhibition: Pav.2, st.23.6
Address: Russia, 117545, Moscow , 129B Varshavskoye Shosse
Phone: (095) 313-18-18
Fax: (095) 313-18-18
E-mail: tsnigri@tsnigri.ru
The first piece of real evidence is the geological report,there is no way they can lie about that. They have the precious metals whats more to ask of the company. They are producing,they are going to expand the tailings project to their site near Moscow.
Its time for the naysayers to stop. Yes they have made mistakes in the past. Yes the buyout from Kartix is not going thru.
But do they have the goods,YES they do have the GOLD.
Central Research Prospecting Institute for Precious Metals is the largest geological firm in Russia. I would imagine that variable.
Really can't see this being a scam anymore.
Its starting to look very believable now. I'am getting back in tomorrow.
The new equipment will be at their other site near Moscow not in siberia.
It looks like it a new specially developed processer for mine tailings.
Catdaddy,many of us supported the stock and the company but after continued delays with the proxy and the misleading of investors thru the companies PRs about the imminant buyout,one has to call a duck a duck. I was wrong and i too should have listened to VPdaddy. I am lucky in that my position was a small one,something in the back of my head not fully believing. I only came on board thru a poster i trusted,he was wrong also.
Finally came to my senses and took the loss. To many outpoints. I too thought the vote was a vote on the deal,not continued negotiations. Good luck to all those who still believe,i'am sincerely rooting for you.
Recovering nicely. Looks like many still believe. What happened to 0.002 cents,burp. I hope they pull the deal off.
I also hope the next proxy,if there is one,will be on a binding agreement and becomes a formality.
mktmkt,i have read the proxy now. I don't intend to be selling my shares. If this was a pump and dump its got to be the worst i have ever seen. I have waited this long i can wait another couple more months. I'am sure it will be dead money until the deal gets confirmed. I'am also sure the company would like to see the deal go thru also.
They only need another 6% of the vote to continue with the negotiations.
I can't see any new investors rushing into buy the stock until a deal is confirmed,i think we are all alot wiser now.
There was a deal and it fell thru.
Looks like they are going thru the motions,DEAL FELL THRU. Oh well i stayed long to see what would happen. The moral of the story don't trust a Pinkie buyout. However the company is not totally worthless will hold on to my small amount of shares for the distant future. They have to be worth more then 2 cents each.
I will never buy into a company buyout on the pinks ever again!!!
Thanks Walker but i like Penny's power point idea better,lol. Hey the more we know how the widgets are made the more confident we will be with our investment.
Knowledge is power...
Encouraging Email penny. The next piece of news will be worth waiting for. However still no mention of timelines.
What actually is the process from conception to finished product.
Penny could you email Gunter again and ask him for a flow chart of the Securitization process and at which stage the current hospital contract is at.
I think this flow chart will give all investors a good idea how the company operates and give indication of timelines between the various stages of the process.
Nothing surprises me on the pinks. If there is no news in the next few days regarding the buyout then its safe to assume that the buyout probably fell thru.
Thanks penny. It would be nice to know what sort of timeframe its going to take to close these deals.
Looks like someones patience ran out. Gunter promised much but we have yet to see anything concrete. I also thought the print would lead to more news.
Can't really say anything because we need an update regarding the shareholders vote. I'am not jumping for joy until we get confirmation.
9 cents prints. Whoosh and its in the back of the net.
Bid coming up!! Somebody believes. Go DMTN!!!!