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Re: MM500 post# 45864

Friday, 05/04/2007 7:15:11 AM

Friday, May 04, 2007 7:15:11 AM

Post# of 115222
The bond offering would be just as valuable to the purchasers of the company as it would be to current management if they were to forego the buyout offer and go it alone. The bond offering is securitized by the assets of the company, no matter who those assets reside with. In addition, a mining operation can never have too much capital available for expansion of production as long as the terms of financing re favorable to the mining company. I do believe that if AURC has any significant production at all currently, they should PR those production numbers to put further pressure on the offering party to up the offer. Thanks and have a great day.