InvestorsHub Logo
Followers 11
Posts 2468
Boards Moderated 0
Alias Born 04/18/2006

Re: pennypinscher post# 12292

Tuesday, 06/13/2006 12:56:30 PM

Tuesday, June 13, 2006 12:56:30 PM

Post# of 115222
It was Newmont not Barrick that IHDR spoke with.


Post #of 12289

Just spoke with Taseko Mines in ....

Vancouver. My best call of the day !! Spoke (at length) with Daryl Johnson, their man in charge of acquisitions and also the Chief Geologist. He (like Newmont) had never heard of AURC (Aurus). He was very intersted in what I had to say about AURC's properties. As we were speaking, he was reading today's PR about Klyon after I directed him to AURC's stock symbol. He stated he was interested in Russian mining. I told him about the NDOL deal (since management related) and expressed to him that I thought AURC was for sale, or would also JV with someone. He too asked for the contact person and phone number, stating he would study further this evening and call Gerald ASAP to see indeed if a property or properties are up for sale or JV.

The next part was interesting:

I asked him what the typical amount was that was offered to someone for properties. He said for proven reserves $100 an ounce, for probable reserves $50 an ounce and $25 for possible reserves, all depending on conditions, difficulty of extraction, etc.

Gerald ..... if you're listening .... my commission better be six figures. LOL. By God, I'm gonna sell your company whether you like it or not.




"Sometimes it is entirely appropriate to kill a fly with a sledge-hammer!"