posted
Repo, the company did report triple the expected gold delivery recently...somewhere in the neighborhood of 2000 ounces (x $650.00 per ounce = over 1.25 million sale).
posted
There are a ton of posting on TrashHub but there are a few with some actual good homework. I saw this last week and thought I'd bring it over.
Aurus Signs Agreement With Auditors
NEW YORK, NY -- (MARKET WIRE) -- Feb 13, 2007 4:57:00 PM -- AURUS Corp (PINKSHEETS: AURC) is pleased to announce that it has entered into an agreement with Laposta and Associates. In the past, being a non reporting company, Aurus Corp did not require audited statements. Now that it intends to become a fully reporting company, its financial statements will be audited and duly filed.
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posted
I posted this a few days ago on the .10 and above board. I thought it would be good to post it on this board before you read my next post with the video link from IHub.
Have you guys heard about the AURC DD video? A guy over on www.investorshub.com named 2create and his wife traveled to Russia and met with the President and board of directors of AURC. They also met with RSM Top Audit and confirmed they are doing the Audited Financials for AURC. They also claimed to have been to the Krong site, where the current gold production is being unearthed and processed. The video is said to be almost 30mins long and was originally recorded in Russian, but they have edited it so all the dialog will be in English. They are trying to figure out how to post the video so everyone can view it, but there have been some difficulties because it is so large (2.2 gigs). It is DVD quality so there are not that many options or forums they can post it on, but when they get it posted I'll supply a link for the Allstocks board. I love Allstocks, but FWIW IHub is the place to be for AURC, great info and lots of people posting every couple of minutes instead of days like here.
-------------------- Success is having the time and money to enjoy all of life's wonders...
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repo you are right. aurc and ndol(nwog now) have the same owners. this aurc resurfaces and falls back down about once a year. still a scam imho so watch your butt if you buy this!!!
-------------------- I'm from Missouri - Show Me!
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Repo and 66, I don't know if it is a scam or not but it doesn't mean you can't make money off of it. Some of the best money I have ever made have come from scams. Protect your capital should always be rule #1 with these plays. If they don't come out with audited fins as promissed, then I will agree with your assesments. Until then I'm in big and ready for some nice returns
-------------------- Success is having the time and money to enjoy all of life's wonders...
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quote:Originally posted by Stockstar69: Thank but unfortunately I can't see the video due to the software you need to download in order to view it.
How does the video look? What does it entail?
The video is top quality, awsome. It shows some of the sites with the equipment in full operation, an interview with RSM Top Audit with details of the timeframe for the audited fins, meetings with many members of the team and talks of future dividends once production increases, which should be as soon as the new equipment arrives(it's on order). You should really find a computer to download it onto so you can see for yourself.
-------------------- Success is having the time and money to enjoy all of life's wonders...
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quote:Originally posted by RichBy26: Repo and 66, I don't know if it is a scam or not but it doesn't mean you can't make money off of it. Some of the best money I have ever made have come from scams. Protect your capital should always be rule #1 with these plays. If they don't come out with audited fins as promissed, then I will agree with your assesments. Until then I'm in big and ready for some nice returns
i agree with that 100%!! me too, but watch it all the time and protect your capital! i will radar this one too but expect the same results as last year- quick spike and fast drop. jmho
-------------------- I'm from Missouri - Show Me!
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Just checked American Bulls. They rated AURC a Buy-If. Well it can't hurt, right?
That being said, I wonder if the recent price dip is the company buying stock to offer as the 10% dividend? 1 share for every 10 payable to holders of 2/15/07.
The big gold sale was just last week so maybe they had to wait for the money to buy the stock...Just thinking out loud.
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i compressed the video to under 10mb and cut it down so its a lot smaller and only shows the on site operations stuff just so people can see some of the vid who dont feel like downloading that 400mb vid they have on stage6.
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i compressed the video to under 10mb and cut it down so its a lot smaller and only shows the on site operations stuff just so people can see some of the vid who dont feel like downloading that 400mb vid they have on stage6.
I tried the link, but it only brought me to YouTube. I can't find it when I search for AURC
-------------------- Success is having the time and money to enjoy all of life's wonders...
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In case you have not viewed the whole video a poster on IHub has made an outline. Good notes IMO
My notes on the video...
***************************************************************** Aurus Notes from 2create video feb-21-2007
RSM -does audit for star gold -good practical experience in the field -has partners all around the world -registered to federal securities commission -entitled to audit our companies by standards of FSC -trusts our reports as reliable information World system of auditing companies that build relationships based on partnerships Our company has building in Moscow Accreditation with Federal security commission Investment plan of krong Good start and basis with our relationship with krong Today krong merged with aurus, aurus single owner of all krong assets in Russia Krong business has two types of work Madigan-gold and silver recovery Processing technology Krong will be audited by a company that works with RMS audit Be reported from factory location, and must be filed Aurus share holders as a result of krong audit to understand krongs goals and tasks more clearly Show prospects of company’s development for the investor Documents for reporting status, by the end of FEB -all documents ready -emphasized this already, investment appraisal will be a good source of delightful consideration for investors -quiet serious and local mechanism that lets investor regain invested funds and in future get serious amounts of duty.
Aurus
- Business plan submitted to krong and accepted by shareholders -produced western experts that checked gold fields in western Siberia Agreed with business plan Can get financials from US Canada and Europe
Auction- public sales, government chooses highest bidder - must pay a price when bidding - Good connections with tiwi loas for good deposits - depends on the administry of resources -biddings and sometimes becomes delicate issue -time consuming -strategy deposits What auctions to goto, which to take part in?
Interested companies must give proof of licenses, technology, equipment, and financing to participate The special auction commission makes the conclusion which can participate Company must make deposit first, if you don’t win, you get deposit back Aurus is the initiator of the auctions Placed initial offer and stated they would like to develop Today, no payment been made from other bids, our company can buy another site Auctions have artificial bidders, often this case, We win, or no one does Dukatsky site Good deposit with gold reserves in Madigan region Proven 6-8 tons of gold, in estimated about 270 tons of gold
Aurus makes gold bars "Russia 99.9999" Realized through bank of Russia Banks sells the gold
Experts in the field
Uplisting- Management is focused on this
Tailings considered waste, so licensing is easy -president putnin is key, huge man made damn, harms environment -Moscow region govt approved project and considers it ecological situation improvement -100's of millions of tons, and we can take any if govt approves -suggest a process to govt, we will get all waste piles as a project since we have the technology
Sample- what the tailings consist of Brought to institute that experts analyzed Sand texture Iron 50% Gold 1 gram per tone 14 gram silver per tone 80,000,000 tons
Gold recovery machines Mineral partissant equipment
Iron recovery machines A magnetic separator
Iron will be recovered first and sold right away Separation is easy by magnetic separators Remains from iron separation will be used to get the remaining minerals Only thing left is sand sell to building companies to make bricks and blocks 200 tons per day
Some dumps have less than others, new equipment can recover gold and silver from these New technology 200k form Moscow, can help advertise the equipment and processes
People involved with - Krong processing plant- Madigan region feder dovgan- head of administration unknown - officer of licenses unknown - head of militia will control everything and check on production
-------------------- Success is having the time and money to enjoy all of life's wonders...
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I'll be in Las Vegas until next week so I won't be posting, but keep this board going!! Thanks to everyone for your contributions:) Let's hope for some good news too! Rumor has it that A/F's might be as soon as a couple weeks out!!!
-------------------- Success is having the time and money to enjoy all of life's wonders...
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