InvestorsHub Logo
icon url

JLP76

12/19/06 7:29 PM

#24423 RE: globeexplorer #24422

Calm before the storm, globeex. Watch what happens after Jan. 1- I can't wait for the news on how much gold AURC's selling.
icon url

Heartbeat

12/20/06 6:06 AM

#24429 RE: globeexplorer #24422

Hello Glo,

You'll certainly need to get used to volatility with AURC. I first bought in at .12 only to see it drop to .02 not long afterwards. Luckily I didn't panic and loaded the boat instead. It climbed as high as .40 at one stage before dropping back to .10 where it languished for ages. Then it took off again. So it's been an exciting year. As the year draws to a close it is a good time to reflect on things.

The main problem we have is one of credibility imo. The market simply doesn't believe the claims that the company is making. I don't need to prove this statement... just look at the share price. If the claims made in the PRs were accepted by the market we would be trading at many multiples of today's PPS. Most reasonable people would accept that.

The question for us longs is how do we help our company with this credibility problem? There has been talk of a Investor Relations/Public Relations company coming on board. That would be very helpful as the present situation is very unsatisfactory.

I'm sure that most of us who've been here for any length of time have lots of questions that we'd like answered. Certainly I have. Why don't we compile a list of shareholders questions to present to the new IR company?

I'd welcome any such questions from other longs here. I'll compile a list as the questions come in. Obviously we can't expect to get insider information but there are some things that any public company should be telling its shareholders.

Here are my first questions for the list:

1. What is the present share structure of the company? How many authorised shares? How many outstanding shares? How many of these shares are restricted and how many are in the public float? For how much longer are the shares restricted?

2. What plans has the company got to tackle the problem of naked shorting of its stock? AURC has been on the Reg SHO list for ten of the last twelve months with serious consequences for its share price.

3. The company plans to become fully reporting in Q1 2007. Has an auditor been appointed yet? What is the name of the audit company?

4. What is the present status of the Klyon "Maple" ore deposit that the company acquired last March. Is this still one of AURC's properties?