Peorge, AURC is drifting down, IMO it is much like PBLS in many ways. Some market maker manipulation (SHO list), some holders selling as it weakens and lack of news/follow through from management. Sound familiar? Obviously with much smaller volume and O/S it moves more rapidly.
POSITIVES:
*President has 25 years of experience as an Attorney and would be foolish beyond belief to risk his reputation and career on a hoax.
*Sarbanes Oxley stares seasoned Attorney Gerald Parkin in the face if he plays fun and games.
*ASM Top-Audit is one of the worlds largest Accounting firms and has/will provide verification of mineral assets and Financials.
*Approx. 7.1 million oz. of gold and 35 million oz. of silver, most of which is "proven".
*Mr. Parkin, the President has stated that much larger entities have made contact concerning a partnership/buyout based on the quantity of mineral reserves. He claims AURC is interested and will pursue such an alignment.
*Inexpensive and trained labor force in place and ready to go.
*Prior mining existed in several locations and production is purportedly currently happening on a small scale.
*Probably a small outstanding share base. We are waiting for into on the last mineral purchase. Many shares are series 144.
*Much like PBLS, we have many terrific individuals that are successful, intelligent, friendly and goal driven.
NEGATIVES:
*Management is understaffed, unproven and behind on promises to provide an active website, weekly updates and current financials.
*Location, Siberia area it is intensely cold and remote, limiting access and year round mining. (They want to go subterranean in the future).
*You can cost in about $100,000,000 in capital expenses per several locations to allow for infrastructure fabrication and equipment to reach mining objectives.
*The stock has naked shorts and has been on the SHO list for weeks.
IMO, this is a stock that has upside potential of perhaps several dollars per share. At the current price is obviously has little downside with a small holding. Some of our larger shareholders, Westeffer, rrufff, Benz, Treepeople, 2create and others are very astute successful investors. They have picked and held other strong stocks in the past. Management is the key to the future success. This stock has more "potential" than PBLS imo. Please fly to Canada and kick them in the butt.
AIMHO
Airdale
This post is an opinion and should not be considered reason to buy or sell any security, or to besmirch, belittle or berate any person, religion, cult, creed, race, sex, political party, company or company representative of any age or appearance.
AI
