Can't say I know anything about WHT.
I was looking back at some companies I was eyeballing earlier this spring and almost fell out of my chair.This was in April when I first checked out AURC. I was also looking at ARU:TSX.V then selling for around $.40 Cdn. Nahh. I picked up AURC instead at $.25.
The Pierina Gold deposit made many Arequipa Resource shareholders very wealthy in 1996, just like today's gold discovery made by Aurelian Resource has created enormous wealth for its shareholders almost overnight.
In 1996 shares of Arequipa went from $.50 to $30.00 per share when Barrick Gold eventually bought them out, prior to Arequipa providing a final Gold Reserve estimate.
Gold was trading under US$400 per ounce back in 1996, and Barrick still bought out Arequipa for what was estimated to be 5 million oz of gold in the ground. Eventually the Pierina deposit proved to be 8.7 million oz for Barrick and a good investment as they paid the equivalence of US$150/oz estimated gold in the ground.
This dawg closed out Septemebr at $32.90 and now at $25.92.
Oh well. If Aurelian can do this on less PP, I'm hangin on with AURC.
Same old stuff with ARU prior to discovery. It sat at well below values for a good many years.
When it happens, it happens FAST and FURIOUS. I'm looking forward to the party in Vegas.
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