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Author Topic: AURC.........anyone paying attention out there??
atleast
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buy-out deadline is tomorrow
huge buy over ask at 15:42
190000 x .1045

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lostone
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deadline today.. let's see if it's a fraud or not..

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lostone

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atleast
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5 min until deadline - should be at 10:00 a.m. Eastern - am I right?
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lostone
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i'd doubt they'd release it upon deadline

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lostone

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lostone
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just bought some more.. 50/50 chance..

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lostone

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atleast
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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

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lostone
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still waiting..

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lostone

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lostone
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whoa! that was a good size chunk!!

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lostone

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bodybybob
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news this morning about .55per share,descion will be made on or before tommorow
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bodybybob
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since the news,opened at .0750 is now at .10
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bodybybob
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i got in at.0830
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bodybybob
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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
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bodybybob
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opened at.0750and hit .18,i guess i was the only one watching it
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Stockstar69
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AURC just PR that they are accepting the .55 buyout offer. Stock is at .18 and rising.
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dollar13
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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



--------------------------------------------------------------------------------
Source: Aurus Corporation


[Eek!]

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Lockman
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Does this mean if you own the stock it's worth .55?

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Let's Go METS!!!

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dollar13
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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.
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PCola77
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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.
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IMAKEMONEY
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YOU BOUGHT THIS PCOLA, [Eek!] [Eek!] [Eek!] [Eek!] [Eek!]

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LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!

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PCola77
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Yeah, haven't bought anything in a while and felt like gambling.
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JimSC
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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.

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JimSC
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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.

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PCola77
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I want no credit for this one [Smile]

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. [Smile]

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.


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SherriT
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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...

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Study before you buy, Sell before you think about it....

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Wildbill
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Just don't fall in love with it....
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Hitman
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Wow... If PCola77 Bought.... I will consider a buy 2moro... may well be worth the gamble!!!! Been watching this one for a while.
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Hitman
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If it dips
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THE DUKE
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What's wrong with this stock. I thought there is
a buy price at $.55

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IMAKEMONEY
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MOMMA, WHAT A DUMP! [Eek!] [Eek!] [Eek!] [Eek!]

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LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!

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JimSC
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0.12 -- great time to add more here.
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PCola77
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I have something to say, but for fear of jinxing it, I'll wait a little while longer.
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JimSC
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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

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JimSC
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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.

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PCola77
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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.

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lostone
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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.

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lostone

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