Replies to post #10151 on Enterra Corp (ETER)

[stocksmarts]

If AUMY was doing nothing I would expect there loses to be small too. But, if Aumy is moving forward there will be capital investment in research, drilling, etc...The loses could be the proof they are doing something. It would be counted as a loss on the books until profits were realized from their, hopefully, positive results. A company will always rack up losses in the beginning before it turns.
At least that's an optimistic view of why their loses have increased. I'm willing to accept I could be totally wrong. Here's hoping I am right.

[Sir Stock Alot]

I agree with the net loss. That's normal until established profit is made... OK.. I agree with you on the Net Loss.. How about this NOW???? The Company recently announced it had increased to $60 million the total Financial Guarantees in place and that it had completed the first phase of its due diligence on 7 properties and would be proceeding to the next phase with three (3) of these properties. Further progress on the finalization of these acquisitions, as well as any additional opportunities under review will be reported in due course.The financial guarantee is provided by its Investment Banker partners.The Best place to get INFO is at,,For more information contact:
Auric Mining Company
General Inquiries: 302-336-9736
Investor Relations: 302-269-3859
Email: [e-mail]