This is topic AURC.........anyone paying attention out there?? in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.
Price is LOWWWWW, so under value it's stupid and GOLD shipments are up.....way up!
Easy to see, that it is time to BUY BUY BUY!!
just check this out! More news coming too!
Aurus Triples Gold Shipments Friday 02/16/2007 9:47 AM ET - Market Wire
Aurus (PINKSHEETS: AURC) announced that its first shipment for February surpassed the amount shipped for the entire month of January. According to the Company, it has tripled the quantity shipped on a bi-monthly rate. On February 14, it had processed 2,300 ounces of 99.9% pure gold, which is an increase of 300% over last month's shipment of the same date.
The Company expects to continue to increase its gold deliveries on a month-to-month basis to approximately 10,000 ounces and whereafter it will increase production further with the receipt of the new equipment on order.
"The increase in gold delivery is truly encouraging and we are very optimistic for our continued efforts to further increase revenue and profitability," says Martin Grancharoff, vice president.
About Aurus Corporation
Aurus Corporation is a publicly traded mining holding company with several precious metal properties with over 5 million ounces in gold reserves, trading under the ticker symbol AURC on the US Pinksheets market. Aurus seeks to continue to acquire proven gold and other precious metal reserves in Russia and other emerging counties and operate its mines through joint ventures and/or partnerships. Contact: Jeremy Krause Managing Director Business Development Consultants, LLC 1-858-384-0294
SOURCE: Aurus Corporation
Posted by Zeker on :
Good call- been watching this one for a bottom for about 3 weeks. May still have a little bit more downside though- I see no definite reversal from the selling pressure that's been biting away at it for some time.
Posted by N-VEST-R on :
you might be right but look at the chart, in the past this one tends to turn on a dime. don't wait to long.
admittedly I got in a day or 2 early it appears but positive the turn around is any day now...next PR should be on the way, then it runs....IMO
PLYCF is a great play now too....gonna have a huge week!
Posted by N-VEST-R on :
POP goes da weasel cause da weasel goes POP!!
AAAAAAHHHHH YEAAAHHHH
Not in yet.......gonna miss it!
Moon in rear view mirror soon....lol
Posted by Stockstar69 on :
Will today be the day? So many good things happenning with AURC...Just like a spring getting pressed, eventually it has to go.
Posted by N-VEST-R on :
Yes, Question is, will it fire or crush under the pressure?
I believe this thing is about to run.....IMO!!
Posted by joejoe on :
It's overdue.
Posted by N-VEST-R on :
Watch out when the Audit comes b.c. this bad boy runs super fast!!!!!!
Posted by stocktrader22 on :
It is a POS and I hate your pumping n-vest-r...im surprised you have 3 stars.
Posted by N-VEST-R on :
You don't have to buy it then jerk! You'll see this fly up when this audit is finished.
Gold and lots of it always a bad pick...........lol.............yeah right!
Get a life basher!
Positive attitude, you still haven't learned that yet have you?
Soon to be 5 stars..........wooo hooooo
Posted by stocktrader22 on :
N-VEST-R this stock is a POS..I was saying that back at .20
Get over yourself, you wont have 5 stars, you are the worst pumper with no DD. I have a life, I try to get newbies to stay away from pumpers like you. Positive attitude? In the market you need to be realistic, and you are not.
I hope you get banned.
Posted by tmanfromtexas on :
I was gonna start a new thread on this but I knew CottonJim or Pcola would flame me for it. LOL. AURC has news out for those that might be interested. TMAN...
Press Release Source: Aurus Corporation
Aurus Publishes Financial Statements Thursday April 12, 10:39 am ET
NEW YORK, NY--(MARKET WIRE)--Apr 12, 2007 -- Aurus Corp (Other OTC:AURC.PK - News) is pleased to announce that its financial statements have been published on its web site, www.auruscorp.com. The statements are audited and have been prepared in order that the Company proceed with a listing on Bulletin Board. ADVERTISEMENT
Mr. Grancharoff, vice president, adds, ''The assets of both Zabaikalgeoprom and Krong are very high and yet conservative because the reports were made by the Ministry for the government of Russia. We shall receive within a few days a current confirmation of these assets and this is being prepared by the Ministry. The assets of Krong are reflected in the auditor's notes-2.c and they total $4.5 billion.''
About Aurus Corporation
Aurus Corporation is a publicly traded mining holding company with several precious metal properties with over 5 million ounces in gold reserves, trading under the ticker symbol AURC on the US Pinksheets market. Aurus seeks to continue acquire proven gold and other precious metal reserves in Russia and other emerging counties and operate its mines through joint ventures and/or partnerships.
Contact: Contact: Jeremy Krause Managing Director Business Development Consultants, LLC 1-858-384-0294
Press Release Source: Aurus Corporation
Aurus Due Diligence Completed Wednesday April 18, 12:48 pm ET
NEW YORK, NY--(MARKET WIRE)--Apr 18, 2007 -- Aurus Corp. (Other OTC:AURC.PK - News) announces that the due diligence has been completed and which was required in the purchase offer of all the outstanding shares for an all cash consideration. The contents of the ore deposits have been confirmed by the Ministry and have satisfied the party making the offer. ADVERTISEMENT
The president called a special meeting of the Board for April 24, 2007 in order to review the offer. The details of the offer shall then be disclosed at the close of that day's market.
About Aurus Corporation
Aurus Corporation is a publicly traded mining holding company with several precious metal properties with over 5 million ounces in gold reserves, trading under the ticker symbol AURC on the US Pinksheets market. Aurus seeks to continue acquire proven gold and other precious metal reserves in Russia and other emerging counties and operate its mines through joint ventures and/or partnerships.
Contact: Contact: Jeremy Krause Managing Director Business Development Consultants, LLC 1-858-384-0294 -------------------------------------------------------------------------------- Source: Aurus Corporation
Posted by cassity on :
AURC -- Aurus Corp. Com ($0.001) COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Aurus Convenes Special Board Meeting
NEW YORK, NY, Apr 19, 2007 (MARKET WIRE via COMTEX) -- Aurus Corp. (PINKSHEETS: AURC) announces that it has called upon the Board of the Company to a special meeting on April 24, 2007 to study the proposal made to purchase all the outstanding shares for an all cash consideration. Mr. Grancharoff, vice president, states, 'The president asked that I attend a special meeting of the Board to study and voice our opinion as directors on the offer that was submitted. The shareholders shall be notified of both the details of the offer as well as our recommendations. The conclusion shall be announced on April 24, 2007 at the closing of the market.'
About Aurus Corporation
Aurus Corporation is a publicly traded mining holding company with several precious metal properties with over 5 million ounces in gold reserves, trading under the ticker symbol AURC on the US Pinksheets market. Aurus seeks to continue to acquire proven gold and other precious metal reserves in Russia and other emerging countries and operate its mines through joint ventures and/or partnerships.
Contact: Jeremy Krause Managing Director Business Development Consultants, LLC 1-858-384-0294
SOURCE: Aurus Corporation
Copyright 2007 Market Wire, All rights reserved.
-0-
Posted by luvforever on :
So is it worth buying? TIA
Posted by cassity on :
quote:Originally posted by luvforever: So is it worth buying? TIA
No one can say yes or no. All I can say is I bought it and GLTY what ever you decide.
Posted by luvforever on :
cas what did you get in at?
Posted by cassity on :
quote:Originally posted by luvforever: cas what did you get in at?
.078 and .084
Posted by cassity on :
New HOD!! .085
Posted by PCola77 on :
Sorry man But really, this thread had NO valuable DD, so I wouldn't have probably complained too much. I just hate when people start a new thread to make it seem like THEY were the one that picked a stock, when there's an old thread with lots of DD that gets lost because of it.
quote:Originally posted by tmanfromtexas: I was gonna start a new thread on this but I knew CottonJim or Pcola would flame me for it. LOL. AURC has news out for those that might be interested. TMAN...
Posted by cottonjim on :
Don't forget the starting of a new thread every other day, pizzes me off *aaaccchhheeeeusxpanducoieeeewwww*, excuse me. And why would we flame tman PC, I think we are getting profiled here and profilings not right
quote:Originally posted by PCola77: Sorry man But really, this thread had NO valuable DD, so I wouldn't have probably complained too much. I just hate when people start a new thread to make it seem like THEY were the one that picked a stock, when there's an old thread with lots of DD that gets lost because of it.
quote:Originally posted by tmanfromtexas: I was gonna start a new thread on this but I knew CottonJim or Pcola would flame me for it. LOL. AURC has news out for those that might be interested. TMAN...
Posted by luvforever on :
Thanks cass~!
Posted by cassity on :
.09!!
Posted by cassity on :
.095!
Posted by cassity on :
.115
Posted by cassity on :
.12
Posted by lostone on :
damn, no free cash to get in this one.. congrats cass!
Posted by cassity on :
quote:Originally posted by lostone: damn, no free cash to get in this one.. congrats cass!
Thanks man!
Posted by joejoe on :
Back to the .11 and up board where it belongs!
Posted by cndboy on :
Got in at .04.... wonder how much the offer will be.... amazing couple of days....
Posted by tmanfromtexas on :
Had to actually do some work today and couldnt follow it. Nice to see it up 50%. Jimbo, you really need to see a doc about those allergies. You're slinging snot all over the bb. lol. TMAN...
Posted by cassity on :
.135!!
Posted by Mr.PennyNJ on :
wow
Posted by a surfer on :
cass....I bought at .135 on your reccomendation.
This thing better hit a$1.00 by NOON!!!!!!!!!!
LOL
Posted by luvforever on :
surf you really think 1.00?~LOL
Posted by luvforever on :
surf you really think 1.00?~LOL
Posted by luvforever on :
sorry double post~LOL
Posted by a surfer on :
No just messing with cassity... BUT a quarter is not out of the question.
Posted by luvforever on :
I thought you were joking cause most that get bought out will not run that hard until it is stated so I thought!~smile
Posted by cassity on :
Sorry been watchin babies all mornin, surf did you really get in? I think will close at about .17 today....IMO!
Posted by cassity on :
Movin up again...lots of buys coming in, just like yesterday!
Posted by cassity on :
.15
Posted by luvforever on :
Yes .175!~LOL
Posted by Homersbud on :
Gooooooooooooooooooooo!
Posted by Homersbud on :
155x16 2x2
Posted by cassity on :
Nice day today...next week should get real exciting...GLTA
Posted by cndboy on :
Home we get a good buyout... if it's true... but this thing will explode by tuesday....
Posted by cndboy on :
Waitting for a gap up today... then boom. Close today shoud be .20 conservatively ... IMO
Posted by a surfer on :
Aurus Announces Share Purchase Price Monday April 23, 1:30 pm ET
NEW YORK, NY--(MARKET WIRE)--Apr 23, 2007 -- Aurus Corp. (Other OTC:AURC.PK - News) announces that it received an offer of $.38 per share for all the outstanding shares.
ADVERTISEMENT click here The president, Mr. Dovgan, states, "This offer shall be reviewed at a Special Meeting of the Board of Directors which was convened for April 24, 2007. The conclusions of this Meeting shall be released to the shareholders on April 24, 2007 at the market close."
About Aurus Corporation
Aurus Corporation is a publicly traded mining holding company with several precious metal properties with over 5 million ounces in gold reserves, trading under the ticker symbol AURC on the US Pink Sheets market. Aurus seeks to continue to acquire proven gold and other precious metal reserves in Russia and other emerging countries and operate its mines through joint ventures and/or partnerships.
Contact:
Contact: Jeremy Krause Managing Director Business Development Consultants, LLC 1-858-384-0294
Posted by Homersbud on :
Buy on rumors, sell on news! Damn! Lucky I got out at .19, phew!
Posted by lostone on :
wait a minute.. isn't that good news?!?!
Posted by tmanfromtexas on :
The folks at ihub are surely looking for windows right now. high windows. lol. TMAN...
Posted by lostone on :
i still don't get it.. what's wrong with the news again? lol
Posted by Homersbud on :
The price was too 'low' for majority of them. Half of them were expecting above $1.00 for the OS. Crazy thinking if you ask me, but damn this was hit hard!
Posted by PRD on :
MMs playing ,,, got 20K at .11
Posted by lostone on :
so is the cash offer still stand for the shares? i wonder..
Posted by lostone on :
glad i got in at .1 .. doesn't look too bad now.. damn, MMs WERE playing weren't they?!
Posted by bodybybob on :
been dropping all morning.Went all the way down to .0710
Posted by lostone on :
damn, i had to chance to get out w/ profit this morning too.. didn't take it.. lol stupid stupid stupid.. o well, let see how the story unfolds
Posted by tmanfromtexas on :
I am in for the second round. Got in cheaper this time then last. Kinda like that. If the BOD accepts the offer than the price goes up. If the BOD rejects the offer the price should go up. IMO its a win win. Thats what I am hoping for anyway. TMAN...
Posted by lostone on :
i doubt the price would go up if the BOD rejects the offer.. b/c there would be a massive sell off.. imo
Posted by lostone on :
the volume stopped.. that's interesting..
Posted by tmanfromtexas on :
Back to .09. TMAN...
Posted by lostone on :
yea, good to see the reversal.. low volume tho.. maybe MM's gonna bring up the PPS
Posted by bodybybob on :
my steaming quotes says it hit .14,did it actually do that cause i have a sell in for .12 and it didnt execute
Posted by lostone on :
wow.. what a turn around.. looking good.. .12 now..maybe good news leaked out.. man, some of them ihu b ppl are really stuck on the valuation of the company.. even if it has a potential for billions, it doesn't mean it can be sold for billions..
Posted by tmanfromtexas on :
I stole this from the HSM board. Interesting... TMAN...
The most recent annual report on NovaGold's website was issued in early 2006 for the year 2005. This report http://www.novagold.net/i/pdf/AnnualReport-2005.pdf lists on page 2 the company's property portfolio which gives details of reserves. Between the properties listed their total reserves are 34.5 million ounces of gold, 220 million ounces of silver, 15.2 billion pounds of copper, and 4.4 billion pounds zinc. Using current prices for these minerals gives a total resource value of $88.7 billion, which is roughly 9 times Aurus' $9.8 billion in assets. At the time of this report, NovaGold traded at about $14.5 with 92 million outstanding shares giving a total value of about $1.334 billion. Aurus has 320 million outstanding shares. Assuming all things being equal and a 9 to 1 ratio of resources, this gives Aurus a total value of $148 million which works out to $0.463 per share. I have yet to look into the infrastructure differences between NovaGold and Aurus and have not factored into this any debt that either company might have but i believe that this gives us some sort of an idea of a best case scenario. Based on this it doesn't look like some people's guesses of an offer of $1 plus isn't likely. So my guess is that any offer Aurus has received will be somewhere in the .20's or .30's. I hope that this is of use to some of you. If this runs into the mid .20's by Tuesday I think i'll sell off half my position in case the announcement of such an offer has a negative impact on the PPS since many people out there have been hoping for an offer similar to that of NDOL. Good luck to you all and if anyone out there cares to try and factor in the infrastructure and debt differences between these companies that would probably help narrow the estimate.
Posted by lostone on :
that's what i'm talking about tman.. and all these ppl w/ higher hopes ranting..
Posted by bodybybob on :
got in at .0850 this morning and it just sold at.12 Posted by atleast on :
NEW YORK, NY -- (MARKET WIRE) -- 04/24/07 -- Aurus Corp. (PINKSHEETS: AURC) announces that its Board has been in constant communication with the representative of the Offeror, Finance Company Kartix, which has made an offer to purchase all of the outstanding shares of the Company at $.38 per share.
The Board has concluded that the recent stock price was deliberately brought down in order to pressure it to accept the proposed offer.
The Board had numerous conversations with Finance Company Kartix during the course of the last 24 hours and explained why the offer cannot be accepted and that it will recommend to shareholders to accept $.68 per share.
It communicated to Finance Company Katrix that it recommends to the shareholders that the offer is too low and that they should accept an offer of $.68 per share. Consequently, the original offer of $.38 is refused and a counter offer of $.68 is made with an expiry date of April 30, 2007, at 18:00 hours.
The Board made their decision on the fact that the assets of Aurus Corp. are $8 billion as well as the fact that the company is in production. With expenses ranging at approximately 70% of the production value of the minerals, the amount of profit in relationship to share value is very high and the share price should be $2-3.
Based on the negotiations, the Board believes very strongly that the counter offer will be accepted.
About Aurus Corporation
Aurus Corporation is a publicly traded mining holding company with several precious metal properties with over 5 million ounces in gold reserves, trading under the ticker symbol AURC on the US Pink Sheets market. Aurus seeks to continue to acquire proven gold and other precious metal reserves in Russia and other emerging countries and operate its mines through joint ventures and/or partnerships.
Contact: Contact: Jeremy Krause Managing Director Business Development Consultants, LLC 1-858-384-0294
Posted by atleast on :
.115 x .12
Posted by bodybybob on :
i dont care about all this news,most of the time its bull anyway.All i care about is that the lows and the highs each day are enough to make a profit,which it seems to be doing
Posted by undervalue on :
Board Decision
PrintE-mailDisable live quotesRSSDigg itDel.icio.us
Last Update: 2:28 PM ET Apr 24, 2007
NEW YORK, NY, Apr 24, 2007 (MARKET WIRE via COMTEX) -- Aurus Corp. (PINKSHEETS: AURC) announces that its Board has been in constant communication with the representative of the Offeror, Finance Company Kartix, which has made an offer to purchase all of the outstanding shares of the Company at $.38 per share. The Board has concluded that the recent stock price was deliberately brought down in order to pressure it to accept the proposed offer. The Board had numerous conversations with Finance Company Kartix during the course of the last 24 hours and explained why the offer cannot be accepted and that it will recommend to shareholders to accept $.68 per share. It communicated to Finance Company Katrix that it recommends to the shareholders that the offer is too low and that they should accept an offer of $.68 per share. Consequently, the original offer of $.38 is refused and a counter offer of $.68 is made with an expiry date of April 30, 2007, at 18:00 hours. The Board made their decision on the fact that the assets of Aurus Corp. are $8 billion as well as the fact that the company is in production. With expenses ranging at approximately 70% of the production value of the minerals, the amount of profit in relationship to share value is very high and the share price should be $2-3. Based on the negotiations, the Board believes very strongly that the counter offer will be accepted. About Aurus Corporation Aurus Corporation is a publicly traded mining holding company with several precious metal properties with over 5 million ounces in gold reserves, trading under the ticker symbol AURC on the US Pink Sheets market. Aurus seeks to continue to acquire proven gold and other precious metal reserves in Russia and other emerging countries and operate its mines through joint ventures and/or partnerships. Contact: Contact: Jeremy Krause Managing Director Business Development Consultants, LLC 1-858-384-0294 SOURCE: Aurus Corporation
Posted by lostone on :
too much drama for me.. i'm out.. tiny gain.. but a load off my chest.. Kartix doesn't look too good to me either.. may buy back on the dip..
Posted by tmanfromtexas on :
Im gonna let everyone chew on the news and see what tomorrow brings. TMAN...
Posted by lostone on :
i suspect ups and downs until the answer to the counter offer
Posted by joejoe on :
Exactly.
Posted by undervalue on :
It communicated to Finance Company Katrix that it recommends to the shareholders that the offer is too low and that they should accept an offer of $.68 per share. Consequently, the original offer of $.38 is refused and a counter offer of $.68 is made with an expiry date of April 30, 2007, at 18:00 hours. The Board made their decision on the fact that the assets of Aurus Corp. are $8 billion as well as the fact that the company is in production. With expenses ranging at approximately 70% of the production value of the minerals, the amount of profit in relationship to share value is very high and the share price should be $2-3. Based on the negotiations, the Board believes very strongly that the counter offer will be accepted.
Posted by bodybybob on :
lots of tradeing so far ,missed the .1050 bid this morning.but still have the order in
Posted by binnocent on :
Interesting!!!!!
Aurus Receives Counteroffer of $.55 per Share
NEW YORK, NY -- (MARKET WIRE) -- 04/26/07 -- Aurus Corp (PINKSHEETS: AURC) announces that its president, Fedor Dovgan, has received a counteroffer of $.55 per share from Kartix Financial Corporation for all the outstanding shares of the Company.
The offer expires on May 1, 2007 at 18:00 hours but because of the annual Russian May holidays which end on May 9, Mr. Dovgan and Mr. Sokolov have agreed to extend the delay until May 11, 2007 at 18:00 hours.
About Aurus Corporation
Aurus Corporation is a publicly traded mining holding company with several precious metal properties with over 5 million ounces in gold reserves, trading under the ticker symbol AURC on the US Pinksheets market. Aurus seeks to continue to acquire proven gold and other precious metal reserves in Russia and other emerging countries and operate its mines through joint ventures and/or partnerships.
Contact: Jeremy Krause Managing Director Business Development Consultants, LLC 1-858-384-0294
Posted by bodybybob on :
i hope i dont sound stupid here.but if the news goes through and they take the .55 cents per share,dose that mean if you own shares at that time, they then become worth .55 cents per share
Posted by binnocent on :
Yes, that would be correct bodybybob. The question is always if it goes through. Would be a great gain from this level!
Posted by madmoney on :
quote:Originally posted by bodybybob: i hope i dont sound stupid here.but if the news goes through and they take the .55 cents per share,dose that mean if you own shares at that time, they then become worth .55 cents per share
it depends on how they pay, the .55 could be .55 worth of shares in the other company.( the value of witch could drop ) ( or the shares could be resticted ) if the deal happens at all, the PR did NOT say it was a cash offer.
Posted by binnocent on :
Correct madmoney, I jumped to the conclusion it was an all cash offer! Thought I read that but not sure where now. We may get a nice run out of this today anyway!
quote:Originally posted by madmoney:
quote:Originally posted by bodybybob: i hope i dont sound stupid here.but if the news goes through and they take the .55 cents per share,dose that mean if you own shares at that time, they then become worth .55 cents per share
it depends on how they pay, the .55 could be .55 worth of shares in the other company.( the value of witch could drop ) ( or the shares could be resticted ) if the deal happens at all, the PR did NOT say it was a cash offer.
Posted by laughingstock on :
Aurus Convenes Special Board Meeting Market Wire - April 19, 2007 9:30 AM ET
Related Quotes Symbol Last Chg AURC Trade 0.1155 +0.0055 Quotes delayed at least 15 minutes
Aurus Corp. (PINKSHEETS: AURC) announces that it has called upon the Board of the Company to a special meeting on April 24, 2007 to study the proposal made to purchase all the outstanding shares for an all cash consideration.
Posted by weatherbill on :
I called a counter offer back at .56 on hsm a day befor ethis PR....LOL....I also say it's a scam to sell shares......like NDOL, remember, this is NDOL/NWOG's sister stock..... i do not trust the rooskies at all!
Posted by undervalue on :
NEW YORK, NY, May 03, 2007 (MARKET WIRE via COMTEX) -- Aurus Corp. (PINKSHEETS: AURC) announces that it entered into an Agreement with Legace and Legault International Inc., a Montreal-based firm specializing in the financing of companies through the issue of equity bonds. The bonds, which shall be guaranteed by corporate assets, shall raise the sum of $10 million over the course of the next 3-4 months. The maturity date for reimbursement is set for year 2022. Mr. Dovgan, president, adds, "The bonds shall complement the funds presently being disbursed by the Kyoto private equity fund. The advantage is that the funds raised by the issue of these bonds shall not dilute the Company stock."
Posted by atleast on :
buy-out deadline is tomorrow huge buy over ask at 15:42 190000 x .1045
Posted by lostone on :
deadline today.. let's see if it's a fraud or not..
Posted by atleast on :
5 min until deadline - should be at 10:00 a.m. Eastern - am I right?
Posted by lostone on :
i'd doubt they'd release it upon deadline
Posted by lostone on :
just bought some more.. 50/50 chance..
Posted by atleast on :
quote:Originally posted by atleast: 5 min until deadline - should be at 10:00 a.m. Eastern - am I right?
"The offer expires on May 1, 2007 at 18:00 hours but because of the annual Russian May holidays which end on May 9, Mr. Dovgan and Mr. Sokolov have agreed to extend the delay until May 11, 2007 at 18:00 hours."
OK, means 11:00 a.m. Eastern
Posted by lostone on :
still waiting..
Posted by lostone on :
whoa! that was a good size chunk!!
Posted by bodybybob on :
news this morning about .55per share,descion will be made on or before tommorow
Posted by bodybybob on :
since the news,opened at .0750 is now at .10
Posted by bodybybob on :
i got in at.0830
Posted by bodybybob on :
i sold at .1050 ,since no news came out,weel what do you think as soon as i sold tne news came out and they accepted the .55and the stock is now .16 and riseing fast,just my luck dammit
Posted by bodybybob on :
opened at.0750and hit .18,i guess i was the only one watching it
Posted by Stockstar69 on :
AURC just PR that they are accepting the .55 buyout offer. Stock is at .18 and rising.
Posted by dollar13 on :
Aurus Board of Directors Accepts $.55 Offer Wednesday May 16, 10:30 am ET
NEW YORK, NY--(MARKET WIRE)--May 16, 2007 -- Aurus Corp.'s (Other OTC:AURC.PK - News) board of directors is pleased to announce to its shareholders that it has decided to accept the offer of Kartex Financial Corporation to purchase all outstanding shares at $.55 and, consequently, it recommends to the shareholders to accept the offer.
The president, Fedor Dovgan, assures the shareholders that the procedure to conclude the transaction will be done in a very expeditious manner.
About Aurus Corporation
Aurus Corporation is a publicly traded mining holding company with several precious metal properties with over 5 million ounces in gold reserves, trading under the ticker symbol AURC on the US Pink Sheets market. Aurus seeks to continue to acquire proven gold and other precious metal reserves in Russia and other emerging countries and operate its mines through joint ventures and/or partnerships.
Contact: Contact: Jeremy Krause Managing Director Business Development Consultants, LLC 1-858-384-0294
Does this mean if you own the stock it's worth .55?
Posted by dollar13 on :
quote:Originally posted by Lockman: Does this mean if you own the stock it's worth .55?
JUST CALL TO THE PHONE NUMBER ,IS ON THE PR THEY TELL YOU.
Posted by PCola77 on :
I just bought some, but the PR seems a bit ambiguous. Hoping for a little run, but they never say "cash" in the PR, so I'll keep an eye on it.
Posted by IMAKEMONEY on :
YOU BOUGHT THIS PCOLA, Posted by PCola77 on :
Yeah, haven't bought anything in a while and felt like gambling.
Posted by JimSC on :
0.15 -- A dip here.
quote:Originally posted by PCola77: Yeah, haven't bought anything in a while and felt like gambling.
When an investor gambled on a stock -- it got to be a great gamble. LOL. Watch it.
Posted by JimSC on :
AURC is a great deal at 0.15:
* Some company will offer 0.55/share;
* AURC is worth 3.3 B$ Gold is $662/ounce, 5 million ounces is 3.3 billion dollars; with O/S 320 M shares, each share should be worth $10.
Great pick, PCola. AURC got my attention because I saw your post. Thanks.
Posted by PCola77 on :
I want no credit for this one
I'm playing it as a gamble only. I not only wouldn't recommend that others get in, I'd probably tell them specifically NOT to get in unless they can watch it closely and know that there's a big risk here.
Company seems to have a history of disappointing shareholders, and I can almost guarantee that I'll end up losing money on this, because that's what happens to me every time I try to play a stock that my gut tells me to avoid.
quote:Originally posted by JimSC: AURC is a great deal at 0.15:
* Some company will offer 0.55/share;
* AURC is worth 3.3 B$ Gold is $662/ounce, 5 million ounces is 3.3 billion dollars; with O/S 320 M shares, each share should be worth $10.
Great pick, PCola. AURC got my attention because I saw your post. Thanks.
Posted by SherriT on :
I forgot about that decision coming - should have bought in a few days ago for that....congrats! Hate that I already spent my free money today...
Posted by Wildbill on :
Just don't fall in love with it....
Posted by Hitman on :
Wow... If PCola77 Bought.... I will consider a buy 2moro... may well be worth the gamble!!!! Been watching this one for a while.
Posted by Hitman on :
If it dips
Posted by THE DUKE on :
What's wrong with this stock. I thought there is a buy price at $.55
Posted by IMAKEMONEY on :
MOMMA, WHAT A DUMP! Posted by JimSC on :
0.12 -- great time to add more here.
Posted by PCola77 on :
I have something to say, but for fear of jinxing it, I'll wait a little while longer.
Posted by JimSC on :
0.13 A PR expected early next week about the closing date of the deal.
From Ihub: 0.55 closing date is set: *** Posted by: joenatural In reply to: None Date:5/17/2007 3:56:15 PM Post #of 51139
Just spoke with Martin. Closing date of the deal is on or before May 30th and he's mad as hell about this rumor of a reverse split
*** Posted by: pascal30 In reply to: billby who wrote msg# 51185 Date:5/17/2007 4:16:29 PM Post #of 51202
It was not mentioned in this PR, but in earlier PR of mid april it was said "all cash offer", there is no indication pointing to a different structure of the deal now
Posted by JimSC on :
From Ihub:
Posted by: joenatural In reply to: None Date:5/17/2007 7:49:46 PM Post #of 51393
In speaking with Martin this afternoon, he swore to me that he personally has never sold one share of stock to date. This was in response to me asking about dilution and of course only after he was finished cursing whoever started the R/S rumor. LOL. He stated that about 100 million shares had been issued in the past for services, etc. and that maybe some of those shares were being cashed in during the last couple of days, in addition to hundreds of daytraders who piled on and then split town. I didn't ask him what type of services he was referring to because that wasn't the reason for my call to begin with.
My opinion about Martin and the rest of AURC management ? I don't think these guys are nearly as educated as we are and no doubt this has been displayed by the way they've communicated with shareholders in the past. My take is their operations are very very real and they've simply never hooked up with anyone to give them proper guidance with respect to presenting their company in the proper light. Even though they're only selling the company for $185 million and no doubt the purchaser is probably very happy, I think these guys just wanted to sell the business, as they'll all make out very well whether or not they actually got fair value for their properties/operations, etc. I suspect the suitor will most likely do a much better job in getting gold out of the ground and to market. This most certainly applies to all aspects of their operations.
I was told that the company might be putting out a PR tomorrow addressing the R/S rumor and when I suggested a closing date PR with terms attached to end the speculation once and for all, he indicated that was in the cards as well.
Martin did talk about long-time loyal shareholders and how the company has been striving to make them happy. I'm sure he's most likely talking about 2C and others.
Posted by PCola77 on :
Okay, I didn't want to jinx it, and make it stop going up, but I doubled my position at .114 and just got out at .14 to pretty much break even. I know better than to get into stocks like this. I should trust my gut.. Glad to get out instead of holding a bag.
Good luck to any of you still in it though, it's just not my kind of play.
Posted by lostone on :
Aurus Prepares for Procedures Following Offer 10:00a ET May 18, 2007 (Market Wire) Aurus Corp. (PINKSHEETS: AURC) announces that its president, Fedor Dovgan, has given the mandate to its corporate counsel and accountants to handle matters relating to the procedures that must be taken following the accepted offer by the board of directors to purchase the outstanding shares of the Company.
Posted by JimSC on :
The MMs are good in this game -- they will keep the pps low until 3 days before closing. They will swing the pps many times -- don't get in if are not used to it.
*** The MMs are loading at this level:
Time & Sales Price Size Exch Time w 0.1336 200000 OTO 13:11:53 0.135 5000 OTO 13:11:23 w 0.1336 200000 OTO 13:10:00 0.135 190552 OTO 13:09:37 0.135 5000 OTO 13:07:32 0.135 74000 OTO 13:07:14 0.135 60000 OTO 13:07:02 0.135 129700 OTO 13:06:08 0.135 5000 OTO 13:06:04 0.135 18000 OTO 13:05:46 0.13 25000 OTO 13:05:41 0.135 5000 OTO 13:02:16
Posted by JimSC on :
PR about the detailed deal of 0.55/share buyout will be ont today or next Tuesday at 10:30 AM.
Posted by JimSC on :
0.14, up 40%
The MMs will run this one without any PR, just like the way they did it with PDGT.
![[Wink]](wink.gif)
![[Smile]](smile.gif)
But really, this thread had NO valuable DD, so I wouldn't have probably complained too much. I just hate when people start a new thread to make it seem like THEY were the one that picked a stock, when there's an old thread with lots of DD that gets lost because of it.![[Big Grin]](biggrin.gif)
![[Eek!]](eek.gif)