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Gold/Mining/Energy : ARU.V Aurelian Resources Inc

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From: sageyrain3/7/2007 2:43:08 PM
   of 516
 
Here's another fantasy suggestion for ARU. Buy EPZ.V with an all stock transaction, resist a takeover and build into a premier S. Am. Au/Ag producer.

I think EPZ has a reasonable shot at 5 m+ ounces Au equiv property wide.

Looks like it will be a combo open pit/underground mine at a nice grade. My present estimated avg grade for Ayelen is 38 g/t Au equiv., over an average true width of 3.3m (27 g/t Au/624 g/t Ag).

These numbers are rough, do your own calcs for comparison.

buyout between $150 and $200 oz

5m ozs Au equiv @ 660, 20 % interest, 44 m shares,

$150 = $3.40/shr

$200 = $4.54/shr

(all figs in US$)

This is a WAF (wild ass fantasy), run your own numbers, compare to other sources as usual.
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