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Gold/Mining/Energy : ARU.V Aurelian Resources Inc
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To: philv who wrote (259)2/27/2007 11:03:52 PM
From: BritNick   of 516
 
Phily, I answered this yesterday but here we go again:

To answer your question my current position is to Hold unless of course you don't have any yet, in that case my recommendation is to buy, take up a position before it gets to $35.00 but not a full position until the Geopolitical situation becomes a lot clearer.

Short of getting something from the horses mouth (Acosta or Correa) buy signals could come via CTQ or DMM making headway with their projects.

I still highly recommend not to become fully invested until the government shows some signs of keeping their hands off mining.

Take up a position now but save the rest for a less risky time. I stand behind my position that this stock is stuck below $40.00.

I will qualify this opinion with the following Caveats.

The POG stays within 10% of today's value, the resources are not significantly upgraded and the Government do not clarify the future rules for the mining Industry (or show positive signs like letting CTQ get back to business or issuing DMM some permits).

If none of the aforementioned occurs there is no way this stock goes past $40.00. And there is no way a take out will happen north of $40.00.

Conversely if one or more of the above Caveats do occur, investors will have ample opportunity to get in before $40.00 and they will do it with less risk.

All of course IMHO and I am not a Pro so take it for what its worth.

GLTA lets hope tomorrow is a better day.
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