Friday, September 21, 2007 3:38:58 PM
The dividend distribution and the announcement of the details of the shareholders meeting should push the pps into the mid-teens, IMO. But there's more to come. I expect that with production levels higher than expected, the Company will also announce a cash dividend before the end of the year.
It would appear that the buyout has not been finalized. With the weakening of the dollar, the increased price of gold,
the increased rate of production with new equipment and a geological audit establishing the value of its assets, Aurus
will want to either demand a higher price or seek another suitor, or they might get the buyer to agree to the issuance of a cash dividend to shareholders (maybe 5%) in addition to the buyout price.
In all, this has been a great week for Aurus, and the best is yet to come. My sincere thanks to all of the posters who have kept their faith even during the darker days of price volatility of AURC.
Blue_chips -- stick around. You're going to see some real fireworks soon!
FEATURED ZenaTech, Inc. (NASDAQ: ZENA) Launchs IQ Nano Drone for Commercial Indoor Use • Oct 10, 2024 8:09 AM
FEATURED CBD Life Sciences Inc. (CBDL) Targets Alibaba as the Next Retail Giant for Wholesale Expansion of Top-Selling CBD Products • Oct 10, 2024 8:00 AM
Foremost Lithium Announces Option Agreement with Denison on 10 Uranium Projects Spanning over 330,000 Acres in the Athabasca Basin, Saskatchewan • FAT • Oct 10, 2024 5:51 AM
Element79 Gold Corp. Reports Significant Progress in Community Relations and Development Efforts in Chachas, Peru • ELEM • Oct 9, 2024 10:30 AM
Unitronix Corp Launches Share Buyback Initiative • UTRX • Oct 9, 2024 9:10 AM
BASANITE INDUSTRIES, LLC RECEIVES U.S. PATENT FOR ITS BASAFLEX™ BASALT FIBER COMPOSITE REBAR AND METHOD OF MANUFACTURING • BASA • Oct 9, 2024 7:30 AM