Aurora Acquisition Corp (AURC)

[eik]

Well, let's read the article from your link:
http://www.mayskaya.ru/articlepress.html?id=17
1. GK "Mayskaya" produces 550-700 kg of gold per year (actually, 700 kg is the number for 2010, but let be conservative here). It's about 17,700-22,500 ounces. It's about $17.7-22.5 mln (again, very conservative estimate $1000/oz). So, "Mayskaya" has about $20 mln annual revenue. Paying $3 mln Aurus would get it for P/S ~ 0.15. Unheard luck. Even non reporting pinkies with P/S less than 1 are considered to be a bargain. For gold producers 5 and more are normal estimate. So, here we have legitimate gold producer with documented production, that sells itself 20-30 times cheaper than it's worth.
2. "Mayskaya invested 158 mln rubles to buy equipment just for this season". 158 mln rub ~ $5.18 mln. What a bargain! Aurus is buying them for less than price of equipment they own. All the rest (dozen of artels, Draga, etc.) including millions worth production is a bonus.