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2create

04/24/07 12:04 PM

#41397 RE: alien42 #41396

*updated-Spooky, You are NOT going to lose money from this PPS..PERIOD...Buy-Out or No buy-out...Audits are DONE...ASSETS are STRONG, BOD Management is of the highest caliber...Success will follow! ;)

...your statement is grounded by nothing and is backed by 'baseless nonsense'... ;]

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PASHA

04/24/07 12:05 PM

#41398 RE: alien42 #41396

Who said people here gonna lose money ,you
<<<<<think positive stay positive>>>>>>>
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ThSeeker

04/24/07 12:06 PM

#41403 RE: alien42 #41396

Your question contains the answer "if" since we don't know for sure it could go either way then taking a positive view is as good as a negative one and it feels better. There is the logic. (sort of - LOL)
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FastEddie777

04/24/07 12:07 PM

#41404 RE: alien42 #41396

I take it you are out of AURC?
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Lochan

04/24/07 12:40 PM

#41450 RE: alien42 #41396

The company had planned to be bought out since its inception.
With the acquisition of Krong, the assets were in place to get
a reasonable offer. To close the deal, the company needed audited financials and confirmation of its mineral assets from the Ministry.

I suspect that lower offers were made in the past, but that the officers of the corporation considered the
present offer to be the most reasonable. IMO, they have already concluded their negotiations to get the best offer from this buyer. Now the BOD has to sign off on the deal.

I think Aurus did not want to do the mining of these minerals themselves, but they had to show prospective buyers that the
mining could be done successfully.