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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: metalman21 who wrote (32491)2/12/2007 7:47:38 PM
From: AuBug  Read Replies (1) of 78420
 
I agree AUQ.v is way undervalued!!! It's one of my largest holdings and I'll wait patiently until Mr Market wakes up to its 10-bagger potential. I sure like that 558.76 oz Aurogin Resources stamped gold bar photo. The next round of those gold bars should be coming soon. I especially like the photo of the leach pads and collecting ponds on slide 10. I remember just last summer watching the video of them levelling the pad. Now it looks like they've already expanded the pad for the first time. On slide 10 they say they plan to exceed 20,000 oz/yr rate by Dec'07 and I recall them saying that they planned to reach 100,000 oz/yr a few years later.

On slide 23 they make the case that if they can prove up 600,000 equity ounces they should be worth c$3/share based on the valuation of 8 other junior producers. On slide 6 they show 445,000 NI-43-101 compliant equity ounces. And, the area deposit map on slide 12 shows they still have El Arenal, Bridge, Escondida, Valery, J Hill, and Spikey yet to drill. The deposit cross-sections show how the gold ore comes right to the surface making for a very low stripping ratio.

What am I missing? If AUQ.v ain't undervalued I don't know what is.

auroginresources.com
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