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).
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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