Time for a reality check. Let me start by saying I've been long in AURUS for over 14 months so I'm no Newbie here; you know I hold 625K shares,90% bought in the past 2 months from my previous posts and that I have been watching the grass grow during this buyout.
Well, there is no buyout. Time has expired. BOD is not withholding PR so that the buyer, friends or anyone else can get really cheap shares before they put out the PR. Also, not waiting for dividend share distribution to occur before putting out PR-what's that got to do with the price of apples. Why would it take days to put out a simple statement that the buyout has been accepted and final details of the execution will take a few more days.
There is no buyout from the original offeror; Aurus declined it either because there is a new suiter or the company really believes that working the gold fields will increase the share price to a true range of $2 to $5 over the next twelve months.
There is only one major problem with that-if you don't communicate you can't execute. This company needs to hire some to communicate.
I will sit here and watch the grass grow for another year. I'm not dumping my shares. I have put a lot of shadow people, newbies and naysayers on iggy. Why read the same cr$p over and over.
I haven't lost faith, just disappointed that the BOD does care about shareholders.
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