Monday, April 10, 2006 9:35:38 PM
Viktor Feldbush is a hands on gold operations guy, some larger types according to Mr. Parkin. He will need a job at some point. Will it be for AURC or a major?
We know majors have approached AURC about a buyout or partnership, which will it be?
Our sister company NDOL has been approached concerning a buyout of all shares. It is serious enough that an 8K is issued. Does this portend the direction we will head?
We now have a PR saying we have a new member of the BOD, Mr. Evgenie Belechenko with former ties to Barrick Gold.
He is "short term" until the next shareholders meeting. Why mention his short term "until the next shareholders meeting?
Why get someone with his particular credentials "a world renowned geologist"?
Why specifially mention Barrick Gold as having former ties?
Does he still have an excellent relationship with Barrick? Boy I would sure nurture any relationship with one of the worlds biggies.
My guess is this "temporary" management picked two plumbs for companies and took itself public, wants a world renowned geologists credentials with ties to Barrick Gold to essentially reaffirm the assets AURC has, relay that information to Barrick, help set a benchmark value, aid in negotiations and have it ready for presentation before shareholders at our next meeting. We simply need a price set before us and a yes or no answer IMO.
I wish I could find the post a month or so back that presented valuation information on a Junior Gold companies worth per ounce. My recollection was between $25-50 per.
Oh, by the way, silver is around $12.75 and ounce and gold is sitting at $600.00. Not a bad time to look at selling compared to three months ago.
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.
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