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Re: RUcrazy post# 2867

Thursday, 03/02/2006 9:22:15 PM

Thursday, March 02, 2006 9:22:15 PM

Post# of 115222
Crazy, I asked Mr. Parkin this question today, "what do you believe AURC's value to be currently?". His reply was around $1.50 per share and I think he probably gets his valuation from Top-Audit. His only compensation in this exercise is his stock. He is also very aware and knows he is responsible for getting the Russians full value if a deal takes place. They have placed complete trust in him to make their stock values increase. I believe he will want every penny of value if or when he decides a deal is worth while. Other items to consider in placing a value on AURC are personnel. I think Viktor Feldbush is an ace in the hole. He has great mining expertise, people skills and knowledge of the Siberian region. He has operated some of he largest operations in Russia. He can help an operation run very smoothly.

If I was a betting man and you were to tell me a firm wanted to buy AURC, aside from price, I would guess two things would be necessary to make it happen. The purchaser would be a Canadian firm and would already have a presence in Russia.

All in my humble opinion,
Airdale


This post is an opinion and should not be considered reason to buy or sell any security, or to besmirch, belittle or berate any person, religion, cult, creed, race, sex, political party, company or company representative of any age or appearance.