Aurora Acquisition Corp (AURC)

[dreaminofsailin]

Posted by: eik
In reply to: dreaminofsailin who wrote msg# 2036
Date:10/15/2007 7:32:37 PM
Post #of 2043

TsNIGRI is a solid and respected State organization: http://www.tsnigri.ru/ . They've made similar estimates for many major companies (like "Suhoy Log" deposit for Polyus Zoloto: http://www.mnr.gov.ru/news/?act=print&id=747 ). Reserves numbers signed by TsNIGRI = reserves signed by Russian Government.

This is definitely a solid development, although, I am lost... why do they need another estimate now, when "buyout is a done deal", and we had "Ministry approval" of reserves before? Why was Krong singled out? Kind of confirms my suspicions that "Krong" it's basically all Aurus has now.

So, PR looks good and solid, but I have problems to embed it in currently existing story.