Replies to post #2793 on Aurora Acquisition Corp (AURC)

[sometimes_right]

Even if the Russians are using picks & shovels with broken handles, AURC should be worth a lot more! (IMHO)

No that's exactly right, rookinvestor...

I don't have the posts handy, but the mine has been producing gold ore for years, but the Russians have been operating with antiquated machinery. That's one of the reasons they approached the Canadians, Parkin's an attorney that has been helping other companies go public... And the accounting firm offered him to become CEO of ARUC after being involved with him in taking NDOL public...

They need to buy new equipment to increase production to something like 320,000 ounces per year (or thereabouts)... I don't think I ever saw what current production is...

BUT they are PRODUCING Gold already - which is more than can be said for SOME Gold companies that are trading much higher & are still exploring for their gold....