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DOS, no disrespect but it seems too coincidental that a Russian you happened to meet at a sidewalk shop in your hometown is also an investor in AURC, and posts on this board, and knows others who post on this board. It also doesn't make sense that this Russian speaking person, who surely has an advantage in communication wouldn't openly share DD with the board unless he himself has a hidden agenda.
On the surface it does seem that you were used, or that you maybe hiding something. Can you share any information that would make this story (yours or your sources) more credible?
TIA,
Crazy
Benz,
I have to thank you for the links to Rammstein's music! I had never heard of them before, they are awesome! Worth every penny I could loose on AURC. I recently picked up Reise, Reise and Live aus Berlin and will get the rest of their CDs when I can find them.
Crazy
good post
understood.
AURC isn't going up until the is some believable, positive PR. What difference does it make how low it gets in the meanwhile? No one will loose money until they sell their shares. (Unless AURC goes belly up)
Crazy
Marcg and DOS,
I have had two russian speaking aquaintances call and confirm the company is there. Aside from that, what would you expect a AURUS employee say? We don't exist? We are bleeding money and loosing licenses? Of cource not. They do exist. Do they make money? The only sure way to be sure is to go to Russia and AUDIT operations your self.
Crazy
Very true! You must be one of the few that can see through the surface of "what is". AURUS will reward you for that ability. There are many factors involved here with AURUS that most don't see, or choose to ignore.
AURUS has been a good stock to flip if you are content with the small change. However, AURUS has potential to provide LIFE ALTERING profits to those with insight and patience.
As I posted Thursday... elections are coming up in Russia and there will be (and has been) a lot of politics being played that affect the progress or even change the direction of things to come. The Russian government is very interested in the use of Russia's resources.
This is going to be very interesting... This may be why AURUS hasn't had much to say. Their own future may be in the Russian government's hands right now.
Crazy
I agree with you completely! Also be aware that elections are coming up in Russia and there will be (and has been) a lot of politics being played that affect the progress or even change the direction of things to come. The Russian government is very interested in the use of Russia's resources.
Crazy
THANK YOU FOR THAT! I was going to call after reading the rest of these posts.
Thanks again,
Crazy
I hope that people who have saved hard earned cash to invest don't invest in pinkys... the pinks are only good for speculation investing. You may get lucky or loose your butts.
I have done both! But you will usually loose you butt if you are here to make long term investments.
IMO
Crazy
At the time of the .55 offer, AURUS'S fair market value by my calculations was in the neighborhood of $3.85/share. This was assuming the company's reported assets liabilities were correct. I made some conservative assumptions about the cost of operations and the cost of the new "state of the art" equipment (debugging new equipment always exceeds budget by 10% - 25%). I did ignore the 10M bond which IMO is not significant and sure shouldn’t have stopped any run to .30.
I didn't keep my calculation worksheet because I thought I was stuck with .55/share, but I do remember I came up with 3.85/share.
Again many assumptions had to be made and I did it just for my consideration. BTW AURUS came up with 5.84/share at that time.
Crazy
C'MON! You can do better than that! Wow! what a load of CRAP! Don't make thing up -- just research a little.
The Black Rock Golf Corp that made golf clubs filed for Chapter 7 bankruptcy July 17, 1998 because it invested too much money into a club that the USGA found "nonconforming". Golfsmith International LP, purchased Black Rock's assets out of bankruptcy for $483,000.
Aurus Corp is the company formerly known as Black Rock Golf Corporation(BLR:NYSE)that was a GOLD MINING company traded on the NYSE.
Crazy
P.S. Here are a couple of links to "help" you get started on real DD. Sheesh!
http://www.alacrastore.com/cgi-bin/alacraswitchISAPI.dll
http://www.inc.com/magazine/19990801/839.html
I work in America for an Arab company. We have no Arabs working here, only Americans, Russians and Chinese.
I invested in a Costa Rica company (I think) - TravelZoo (TZOO) before it went public. I paid less than a penny/share. TZOO incorporated in Delaware and I sold for over $72.00/share. It peaked a little over $100.00/share.
I also have stock in AllSportsMarket (not public yet) which is a Costa Rica company incorporating in Delaware. I am up 500% on this stock so far and it isn't yet public.
You can worry about this strategy, but I wouldn't. Just research it a little.
These are facts, not just my opinion.
Respectfully,
Crazy Maniac
What a joke! That is either a BIG FAT LIE or you need to get some competent contacts in Russia! It is a fact that AURUS does exist and it only took me one call to Russia to confirm it.
Then I misunderstood your post. This is my public apology.
Crazy
Benz you said .058 at close today. Why didn't someone sell to you for .058 at closing?
You don't know any secret facts or you would tell us to "save" us from our own ignorance, because that would feed your narcissistic ego.
I'm glad I don't trust your predictions!
You make inferences and try to scare people into selling. Why is that?
My DD has convinced me that AURUS is a legitimate company with a good chance of becoming successful, buyout or not. Can you give factual evidence that I am wrong?
Crazy
BJ, let us wonder what? Why AURC is moving up, the opposite direction both of you said it will go? Benz said .058 at close today. Why didn't someone sell to him at .058?
If you two knew any facts, you would tell us to "save" us from our own ignorance, because that would feed your narcissistic egos. In stead you make inferences suppositions and try to scare people into selling. Why is that?
My DD has convinced me that AURUS is a legitimate company with a good chance of becoming successful, buyout or not. Can you give factual evidence that I am wrong?
Crazy
DI, the consultant company AURUS contracted is the L2I - not L21. Just a note for anyone trying to keep up...
respectfully,
Crazy
Indian,
Yes, I believe there has been a legitimate offer and there will be a buyout. The guy I work with and his in-law has no reason to lie to me. I only asked him about the stock after reading some of your posts discrediting the buy-out.
The thing is, I have never seen any other company managed the way AURUS has been. The effective date of a dividend pushed back, dividend payment withheld for months, vague PR (when there is PR), you know the list goes on. Given the circus act I’ve seen the buyout may take months to be completed. I have been stuck with some .11 shares longer than I like and will be long a few more months. I still will hold the stock.
I believe the government is out to get me – not the Russian Mafia! LOL
Crazy
Take it for what you will. What would you say if I posted for the first time the day of the offer?
I have watched this board for months, bought/sold and so far made money on AURUS. Now I have to register to post.
I don't know how anyone can think AURUS is a fake. Poorly run from our viewpoint maybe. I have found many obscure documents and applications filed which aren't mentioned in any of these posts. (I have read every post on this board.)
I have a Russian co-worker who called his Russian brother in-law for me, a stock broker in Russia. The stock broker confirmed that AURUS is a real company with real assets (as filed) and a real buy out in process.
The officers of a corp. are always limited in the information they can share during a buyout.
The only Pumping and Dumping I have seen is perpetrated by the stock holders posting opinions, apparently here on this board.
You can’t force anyone to believe what they don’t want to, but I’ll go long here before I’ll sell at a loss.
Crazy