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Re: cfpjbs post# 5582

Thursday, 04/20/2006 8:20:12 AM

Thursday, April 20, 2006 8:20:12 AM

Post# of 115222
That puts things in perspective alright. AURC is still ridiculously undervalued. I'm upping my target price all the time. The pps has to come into line with other mining companies eventually.

I was surprised to hear that West has sold a bunch at this level. Diversification is all very well but for my money there is nothing out there to match this gold play.

I appreciate what Airdale says about Mr P. While we are indebted to him for his efforts in bringing AURC to the market, he is not above criticism for his management style.

I'm still puzzled by the share structure. It's hard to believe that the float is only 18.7 million from the way it's been trading. Even if there was an extra 4 million or so since the last TA update it still seems low.

There must be a lot of shorts still trading. If so they are either very brave or very foolish. I never understood why anybody in their right mind would have shorted this to begin with.

Finally Rook should go out of town more often because that's when things started to rock around here. :)