Aurora Acquisition Corp (AURC)

[Bonga]

I had to watch video 5 times untill i caught on. I was hearing and seeing but didnt really get the picture. The skinny guy talking at the begining of aurc video was the RSM top audit rep and the other two guys on the side were the president and former owner of krong. At first glance for some reason I thought the skinny guy was Dov.
The problem with this company is they diluted the stock by issuing stock as dividend. They have to much shares outstanding.
Good thing about this stock is they are increasing the cash flow. MGT expects earnings in 2007 yet to be seen. 10,000 ounces of gold x $600 = 6 million x 7 months = 42 million x .30% profit margin = 12,600,000 ~ 350 million shares not exact = .03 cents earnings per share estimate.
At first glance a company with 3 million ounces of gold reserve with a target price of $4 seemed to have less value vs AURC but as I reasoned they had only 30 million shares outstanding vs AURC 350 million.
I understand that to do business in russia they need to bribe officials. See Freeport Mcmoran largest gold reserve in the world got in trouble with us security laws for paying off oficials for protection from the locals as a measure to protect there employees.
I think they should take the .55 buyout offer. They will be able to conduct business without answering to us officials about the militia....