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Gold/Mining/Energy : AURC - Aurus Corporation
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To: shortsinthesand who wrote (290)12/19/2006 7:42:16 AM
From: rrufff  Read Replies (2) of 318
 
This stock and just about all pinks that sell for a .10-.20 will have huge spreads and moves in a day or even in an hour. It's not unusual for it to move .02 or more during a trading day.

It's both a great trading stock and one that has rewarded those who bought at the lows. But of course, that latter statement, is true for just about any stock.

If you don't follow this, the basic premise is that the company claims to have as much as $40/share in gold reserves in Russia. The key to capturing value, in my opinion, is to recognize that the difference between that number and the share price presents both an opportunity and an extreme uncertainty. The stock runs more on PR's that try to "prove" value with numbers than the typical hype PR. In that sense, both the price and the duration of its existence, puts it into the more "mature" area of pink penny stocks.

My opinion only and yes it is extremely high risk. But much higher risk at .40 than at .15.
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