posted
Well is does seem like they are waiting for total Feb. numbers. It should run good soon when they ship 10,000 ounces. They are predicting that much so they better produce.
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posted
In case you haven't seen this. This seems to be good info...
quote:Originally posted by RichBy26: 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
posted
Yeah, I've seen that but thanks anyway. Thinking if I should buy up a lot more now its down to .06 or hold of to see if it dips again......?????
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If I had some free cash I'd buy more here OR wait till next week.
I can't help but think every day we wait to buy more we come that much closer to the next press release from the company saying that made another gold delivery (and doubled or tripled it like last time).
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posted
yes, I agree, it's only a matter of time before this runs hard and if you look at the chart the last time it ran from down this low it went all the way up to .44............it would be great to duplicate that run!!!!
posted
I don't know but atleast put out something to stop the bleeding. I'm slowly being sucked dry! lol
I would like to see total Gold shipment for Feb.......I think everyone is waiting to see longer term solid results, not one shipment. A few in a row, should be good! Plus gold prices on the rise again too!
posted
Has anyone checked the share structure? I'm sure most of you know this, but when you see large volume increase and no change in price or a price decline, it's often because the company is dumping shares into the news. A couple fo you should try to get that info and see if the O/S count is increasing. If it's steady, then you can at least know the company isn't causing the decline.
As far as audited financials being promised, ask a few SLJB holders how they feel about that
posted
Hey gang, I'm back from Vegas, thanks for keeping the board going! Lots of volume for only the first half an hour of trading. We should get good news this week about the Feb gold shipment and rumors of A/F's coming soon are going around also...
-------------------- Success is having the time and money to enjoy all of life's wonders...
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Good things take time and I am willing to wait this one out as I have seen nothing to lead me to believe the company is shafting us.
Yes, I would love to see the share price go up but remember this stock is relatively new. I noticed it from out of nowhere and like I said IT LOOKS GOOD but it may take a few more weeks of good news (gold deliveries) along with the financials.
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posted
Found this on IHUB regarding the auditors. No secret but thought I'd relay it.
Aurus Corp (OTC: AURC) KRONG Co Directors Exclusive! *News* Russia Gold Mining operations and Meeting with Worlds 6th Largest Audit firm, RSM Top-Audit! Interview-Live...Filmed on location in Moscow Russia and Exclusive footage from the Magadan processing facility and the classified Resource location near Moscow. Company Directors discussion in Russian & translated English!
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With that said, the thing that worries me the most is that no matter what they do no one seems to believe them and that could spell trouble. Going to need to see some hard facts soon in order to sway public opinion. I do however believe those hard facts are on the way!
posted
I'm not leaving either. I'm confident there will be news in the next few days. Not inside info just a rational assumption.
The end of the month and AURC will want to boast about the latest delivery and/or they will have news regarding the financials/reporting issue.
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quote:Originally posted by N-VEST-R: Well I think you better hurry and buy then, try to stay under 7.5, I still think these are bargain prices!
I agree with the bargin prices part, lets hope they don't last too long!! I was able to pick up a few more this morning, I'll continue to do so as long as they keep the pps down
-------------------- Success is having the time and money to enjoy all of life's wonders...
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posted
Haven't seen any news this morning (yet)but it looks like there was some after hours selling and the PPS dropped a little. The news is talking about a 9% selloff in the China stock markets so I'm curious to see if AURC continues climbing this morning or take another dip towards .05.
Inflation fears? Higher gold prices?
I still have a buy in around .06-1/2. Part of me wants it to hit and the other part of me doesn't.
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quote:Originally posted by N-VEST-R: I have no doubt it's about to run anyday now. No big sell off this morning. To me that means the engines are reving up!
Reving up? More like Blasting off...If they come close to what they delivered last time with according to the last PR this thing should start exploding to the upside. I would think.
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