SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : ARU.V Aurelian Resources Inc

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: FEARLESSF2/21/2007 11:13:24 AM
  Read Replies (2) of 516
 
Safeharbour,

Glad to see you over here now also, I hope the other respectable members follow suit. Abe's support of me today on the other B.B. made all my efforts over there worth while.

At least now we can discuss the pro's and con's in an intelligent manner.

LoneClone well said about SNG, the CEO does know how to hype the news and if you are a trader this is good. If they hit a large pool of the black gold or gas, well then this will add significantly to SNG worth. However it is fully valued at 2.20 ish unless oil and gas spike up significantly. If they hit nothing, the share price will crash back down to this level in short order. I do not have a position in this stock because I am fully invested at the moment.

Now lets discuss ARU.

I believe that ARU right now is very undervalued with what they have drilled off alone already. I am very glad that ARU is presenting at two very large mining conferences in the next 2 weeks. This should bring in some new blood over the next couple of months, which is what ARU needs right now. The MM appear to be finished with their activity and the shareprice is now being determined in my opinion by the small and some larger traders. Many of the small longs and future longs have been scared away by the volatility.
Unfortuneately the tech era in my opinion spawned a whole generation of traders which do not know much about value investing. This along with the fact that there are very few money managers out there that have mining investment experience is why we are so undervalued. Lets hope that the ARU management can open a few eyes at the upcoming conferances.

I personally will be very disappointed if FDN is taken over for anything less than $100 and am expecting allot more.
The deposit is still open in all directions although it appears to be weakening going south now. However it is still very strong going north and at depth.
I expect that management will try and prove the extent of mineralization in all directions before they entertain a buy out price from some major.
This deposit will prove to be a very cheap per ounce producer for the following reasons. Relatively close to infrastructure, mild climate, relatively cheap and hard working labour, high grade ounces, no taxation at the moment to speak of and lastly the ore comes close to the surface ( within 100 m ) and this could even get closer. They also have the potential for a small open pit which can add many cheap ounces.
I have worked over sea's in similar countries to Ecuador and the political situation has been totally blown out of proportion by the spin doctors. Mining companies are a long term investment and many governments come and go while the deposit is being mined. Mining companies know that no matter what kind of government gets in, none of them kills the goose that lays the golden egg.
We in my opinion can thank the MM for providing us with this opportunity to have bought more cheap shares as money became available. I think if it was not for their antics we could have been sitting around $50 right now.

Regards,
F.F.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext