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Re: ekythump post# 10147

Saturday, 05/13/2006 2:38:33 PM

Saturday, May 13, 2006 2:38:33 PM

Post# of 115222
Aurus and Nord both appear to be the result of "redistribution of mineral wealth" that is happening in Russia under Putin. These guys getting the assets need a means to develop and raise capital for their new enterprises so they enlist Monimpex capitalists...from what I understand.

Aurus is exploiting all the "waste rock" that was thrown aside during mining operations for Tin, Aluminum, and Uranium during the Soviet era. This rock contained tons and tons of silver and gold that nobody was allowed to make profits off of during that time, so it just sat in piles of "Technogenic agglomerates" which you might liken to 'gold-mining's oil sludge', except never refined in the first place. (they have ore and placer gold also)

Please see the posts I made yesterday here and on RB about the personal accounts I found about our properties. Very intriguing.