Wednesday, February 14, 2007 11:09:47 AM
They also want to paint a picture of desperation by Aurus in obtaining some sort of "death spiral" CD arrangement, which is another bad joke. There's no way that a company with the hard assets we have in a country like Russia is going to allow foreigners to pillage them in that manner. Once the equipment begins processing additional ore, Aurus will have more than enough funds to repay the financing at little dilution. They are in a business that will generate 100s of millions in revenue from metal selling at $670/oz.- not some fly-by-night loser like GZFX that used CD to finance a company with no chance of receiving any real revenue & subsequently had to issue billions of shares...
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