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Replies to post #3639 on Tsafi

Replies to #3639 on Tsafi
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DTGoody

04/04/07 6:37 PM

#3641 RE: popeyej #3639

Those shares were issued for site purchases and the shares were restricted. I believe the OS to be around 300 million with the purchase of the Krong site. The float still remains around 21 million. I doubt we will see any more reverse splits here. Take a look at StarGold Mines Inc. (OTC BB:SGDM) Look at their share structure and look at their PPS. They only have $500 million in assets in the ground. Also our director Mr. Belchenko is also a director on StarGold. I doubt he is involved with any scam company.
Evgenie Belchenko Leonidovich - General Director
Mr. Belchenko is an accomplished Russian mining engineer. He holds a Bachelor's Degree in mountain engineering and a Ph.D in engineering science (Moscow State Mountain Institute, 1977, St. Petersburg State Polytechnic Institute, 2005), and is a full member of the International Mining Academy (MAI).



SGDM Share Structure:
A/S = 1 billion
O/S = 81 million
[Restricted = 80 million]
Public Float = 1 million
When Fully Diluted = 110 million (10 mln wts @ 2.50 expire 12/1/08)
http://www.sec.gov/Archives/edgar/data/1301557/000114420406051269/v059633_8-k.htm

AURC Share Structure
Updated with company directly:
--Outstanding: 134.8 Mil
(Updated as of 12-20-2006 Via I/R Confirmation from AurusCorp)
--Restricted 83. Mil (As of Dec 20th 2006)
Public Float 21. Mil (As of Dec 20th 2006)
Authorized for/if Additional Financing: 30. Mil

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