InvestorsHub Logo
icon url

2create

09/16/06 6:40 PM

#17012 RE: idahoseb #17007

Idahoseb, The $4 Billion in Assets are Debt-Free...

...as in no money owing to third-parties from the collective consortium group of Aurus Holding Corp properties/entities.

---The company will release debt funding arrangements when it is appropriate along side of a simultaneous J/V agreement and most likely an additional production sharing agreement.

...Based on P+P 'Reserves' alone the company should have a fair market value at present in the $4 to $5/Share range (if assuming NO production)....This based on the most in-depth information available of other 'comparable' like companies within the industry (using approx: $60/OZ of P+P Reserves Market Cap)....link in I-box as referenced.

Important Note: Once fully reporting & producing, then the 'AVG' publicly traded Gold mining company trades at a 'comparable' of $213/OZ of P+P Reserves Market Cap. (These Avg. Fair Market Valuation models, were calculated in Feb 2006 with Gold spot prices trading at ~ $550/OZ)

...So as you can CLEARLY See...You HAVE in fact (by virtue of P+P Reserves of Gold, Silver, Zinc & others), Much More to go on here than..."Without (more Debt) this it's just guessing and charting."....As 'you' may think.

---BUY, HOLD and 'Prosper'...Would you KNOWINGLY trade Dollars for Pennies?---