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for the sake of speculation, lets say this is legitimate. when aurc announces receit of 275 million dollars , will this stock than go to 50 cents a share? or will it act like most other stocks and go to a multiple off of a P/E ratio? What will that P/E ratio be? 5 to 1, 10 to 1, 28 to 1 ?
being of modest income I am quite happy to add to my holdings in the .90's and hope that this stock does not take off until after the first of the year so that i can move 6K into my roth account. Then i'd love to see it go up.
well i am down 100 k dollars right now and if something doesnt happen soon than I will pursue a lawsuit and I will notify the Russian federal taxing agencies and I will try to create as much trouble and havic as I can , cause if I am going to loose 100 thousand than I want to see EVERYONE and I mean EVERYONE LOSE>
well said, I am sitting on well over a million shares, most bought at a much higher pps, I can wait, and I am not selling, the money is invested and i can wait, like you I hope the pps stays here untill such time as a real deal is struck, it will enable me to accumulate more at these prices.
24000 troy ounces in a ton
well if we get a third of fair value than 5000000ounces of gold times market plus the trailings at 3.999 billion should be about 7.73 mkt value. I dont expect that much I'm expexting 20 percent value or about 4.29 or so for the entire company and all properties.
well I hope we at least get a proxy vote on this, and I would have to see what the value /benefit will be to AURC before I would consider voting yes, if in fact this is even being considered by our BOD.
i do not htink the major broker was recommending watching this pink...I would bet the individual broker and his cronies are watching
....IMHO
maybe I'll get lucky and this combination will be read by and enacted by the powers that be to hurt those who have hurt us so much in the past.
what I would love to see is a PR giving us a buyout price, with a company stock buyback option pr'd a couple of hours later and a company cash dividend pr'd a couple of hours after that one....a combination that will cause the stock to run like it never hass run before , to catch the shorts and burn them just as badly as they can be burnt , for all the mischief they have caused us in the past year or so....that would be grand ...IMHO
why would you want a company statement , you think all other company statements are lies, what would make this one different to you?
gold is measured in troy ounces or 12 troy ounces per pound
the company PR'd 2500 kg's of gold production for the entire year of 2007 or 66000 oz's.
15 minutes after the market has opened and we have not traded a share ....why not?
I agree with your overall assessment, its just that I cannot understand why some who disbelieve spend so much of life's valuable time posting about how miserable this company is day after day, hour after hour unless they are being paid to do so , it makes absoulutely no sense to me to invest that much time and energy without an ulterior motive.
at current gold prices we are processing 6.7 million in gold a month, within the first quarter that is projected to quadruple with the new equipment to 26.8 million a month just in gold not counting the value of the platnium, iron , telleum, molybedenum or other rare earth metals...this is gonna be our year! and the naysayers have been sweating bullets posting the doom and gloom message around the clock....this is the year were in the money...IMHO
I agree, but I am excited about this stock BECAUSE they are trying SOOOO HARD to get me to sell my shares....
great thats six million shares out of the hands of the flippers and short crowd!!!!!!!
they are not getting my shares that's for sure, because the games are soon to end and the short sellers will be getting there comeupance, this stock will be the 2008 miracle penny stock...just a matter of time.
DI, at times you've been a pain to read, but I have not put you on ignore because you have asked some very good questions, and I think that any financial blog needs both sides of an issue, I think your ultimate conclusions are wrong, AURC management are most likely very good miners but poor businessmen, I think they have mishandeled many things out of a debt of knowledge about how to put a 'start -up' company together, I also believe that only because of their mismanagement have I been able to acqurie the position I have in this company and I ultimately believe that things will turn out well for all who have invested here and withstood the test of time. I cannot wait to be able to grin at my stock broker when I turn this 100.000 $ into a couple of million.
yep, gonna be amazing all the way to the BANK.......yehaw!!!
also I have a gut feeling that this is not a total buyout of aurc, I think we may only be selling the Krong property and may receive a partial payment of proceeds with another portion going to develope the other gold rich properties, or I hope that is the plan, otherwise how can we get an assigned value for the other properties?
didn't the summary state 2.8 billion in business worth to aurc. I took that to indicate the profit on the 3.999 billion total worth.....or am I missing something here?
maybe the intent is too only sell Krong. I would be happy for a 2.50 a share buyout, receiving 1.50 a share and the other dollar a share to develope the other properties.
so if there is a buyout that is accepted how is the pps distributed to ensure it goes to the legitimate shareholders and not to those illegal shares?
so what is the value to aurc stockholders?....is it 2.8 billion?
Maybe under russian law a corporation can own a closed stock venture company as kinda a subsidary.
heck , we aren't a gold company, were an iron ore company!!!!!
something is not right,,,,, where is the 2.8 billion dollars in business value to aurus? Am I mistaken in reading the pr to state a 3.9 billion total worth with 2.8 billion in profit to the company,,,,I dont get it?
anyone able to get the original {in russian} translated?
according to the i-hub synopsis on aurc ...the krong property has 6.6 million pounds of molybedenum. We'll see what the 43-101 says.
I agree!
The dice are still a spinning and I foresee a "7 or 11" come january!
AYE, especially in lieu of the bloviating we have been experiencing on this board since the PR. Man they are working overtime trying to talk this golden cow to death. hehe.
If a buyout is tendered than I believe the 2500 kgs of gold already processed belongs to the shareholders and as such , should be distributed to the same. It should reflect ten to eleven cents a share.
If by the second quarter of 08 if the new processing machinery is up and operating that wil put us to 1200 kg a month just in gold not counting platinum or tellium or mollybedenum and other rare earth metals. that would put us just on gold over .184 cents per share as an over eight dollar a share stock. Yes I'm buying all I can at these leves and I believe this one is gonna go.
actually that is 66000 ounces of gold , gold is measured in troy ounces and there are 12 troy ounces to a pound. 2500kg x 2.2 x 12= 66000 x 800 =52900000 - production costs of say 30 % equals 36960000 / by 360000000 shares is .1026 per share profit, times the industry average P/E of 39.5 is 4.05 cents a share add in a dollar for resources , this should be trading at 5 dollars a share, all it takes is audited financials and an uplisting to at least otcbb and were there.
I am buying a 30 to 40 foot sailboat to do the Jimmie Buffet thing, the rest I am buying gold with....I think in the next 12 to 18 months we will see gold at 1500 to 2500 an ounce.
Time is on my side, I can wait, I am willing to give the company time to get financials in place, the new equioment in place and gold production ramped up to 1200 kg's a month...then this stock will be in the money. I will continue to add when I can, especially at these discounted prices.
1.50 to 2.00 a share may be a good price at todays gold price but if a company waits too long , and gold continues to surge as I think it will the buyout cost will increase.