Replies to post #71647 on Aurora Acquisition Corp (AURC)

[designerportfolio]

phone number please; pm prefered.

[mfbeale]

The share structure first DOS mate???!

[coldcash]

\Called Transfer Online-- Aron not available
left message secretary said they are busy working
on Aurus. Just Called Slava as well , He assured me
although "briskly" that Aurus would not divulge certain information
as to equipment and so on because that is not Russian mentality
and after trying to soften him up a bit - by telling him I was concerned about my
investment - he did state that although he didnt know the date of the sh meeting
it woould be happening soon- and that things were starting to happen
he seemed a little irritated with me because it was not his Job Description
to take my calls -but as it went on I just pleaded my case as to what is said
in a blackout phaze and what people in the know can do.
His last statemet : You will be pleased.
He noted DOS asking for reciepts of equipment and laughed

[benzdealeror2]

Indeed, just a little transparency would go a long way. If they ever do the 43-101, which will have to be done on EVERY separate property, it will make the price move. I dont see why they wont reveal all information NOW since Dovgan seems so confident.

"We are absolutely certain of the content of our minerals and, consequently, we do not hesitate to have this independent report produced."

As you know, below is a portion of what must be revealed in order to complete a 43-101. Just naming the Geologist and independent verification that indeed the geologist firm intends to go to Russia to prepare this in-depth report would move the stock into the high teens. Just admitting the share structure and revealing the production costs would help greatly. Simply typing in the next PR who they bought the equipment from would add much credibility. All seems to easy for them, doesnt it?

DOS...Thanks for asking them simple, common sense questions. Pretty strange it seems to get them all hot under the collar for asking things that any rookie investor would want to know.


Additional Requirements for Technical Reports on Development
Properties and Production Properties - Technical reports on development
properties and production properties must include

(a) Mining Operations - information and assumptions concerning the
mining method, metallurgical processes and production forecast;

(b) Recoverability - information concerning all test and operating results
relating to the recoverability of the valuable component or commodity
and amenability of the mineralization to the proposed processing
methods;

(c) Markets - information concerning the markets for the issuer's
production and the nature and material terms of any agency
relationships;

(d) Contracts - a discussion of whether the terms of mining, concentrating,
smelting, refining, transportation, handling, sales and hedging and
forward sales contracts or arrangements, rates or charges are within
industry norms;

(e) Environmental Considerations - a discussion of bond posting,
remediation and reclamation;

(f) Taxes - a description of the nature and rates of taxes, royalties and
other government levies or interests applicable to the mineral project
or to production, and to revenues or income from the mineral project;

(g) Capital and Operating Cost Estimates - capital and operating cost
estimates, with the major components being set out in tabular form;

(h) Economic Analysis - an economic analysis with cash flow forecasts on
an annual basis using proven mineral reserves and probable mineral
reserves only, and sensitivity analyses with variants in metal prices,
grade, capital and operating costs;

(i) Payback - a discussion of the payback period of capital with imputed
or actual interest; and

(j) Mine Life - a discussion of the expected mine life and exploration
potential.

http://www.ccpg.ca/guidelines/43_101f1_technical_report.pdf

[JLP76]

At least he acknowledged that the board is attempting to improve the PPS. But unless they continually PR their progress and are totally transparent in their info to shareholders, we'll always be fighting the naysayers.

[surferbj]

There may be a reason for not posting other company information.

One is they may have to get an ok from the other source
and second there will be to many investors calling their place of business.

It may be the best interest to keep certain information as only insider information.