Aurora Acquisition Corp (AURC)

[WhiteSahara]

A look at how golds price rise has affected on AURC. According to management we have had inquiries from firms concerning the purchase of AURC’s assets several months ago.

Our situation since Feb 1st has changed considerably. The price of gold has gone from $565.00 to $632.00 per ounce today, a rise of $67.00 per ounce.

For perspective only, if you were to take that $67.00 per ounce increase and times it by our 7.1 million ounces we would have a dollar figure of $475,700,000.00. Divided by our outstanding shares of 109,671,530 you would find a price of $4.33 per ounce. I don’t think there is a chance in hades of someone offering an amount this high, but it is one way to look at the change in our value.

If you took only half of the increase in gold price since Feb. 1 and placed that as our value, we would be worth $2.16 per share or $238,000,000. Our current valuation is……. .26 or $34,337,940.00.

Another very odd look would be this. If you took ignored the gold and valued just the 35,000,000 ounces of silver reserves. At todays New York Spot closing price of $14.54, using the same ratios of production/sales costs AURC has given for gold, we have a value of $6.46 per ounce or $226,177,000.00. If someone offered to purchase our assets for just the price of processed silver our value per share would be $2.06 per ounce.

IMO some of the little flippers may miss the big run for a couple of shekels. Gee, that would break my heart.

AIMHO Airdale