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

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From: FEARLESSF	3/9/2007 10:56:26 AM
	of 516

Fellow investors, Here is a post from an ARU investor that attended PDAC. Regards, F.F. Had a great time at the PDAC, although I'm still feeling the effects of a late night last night. Not much new in the presentation given in the morning. Some points: - It was standing room only. - They believe they have an 8km gold trend running north-south which includes FDN and Bonza-Las Penas. FDN being almost at the end on the north although they have a promising target about 1km further to the north. Lots of tagets to the south. - drilling El Tigre still on schedule for later this month. - talked a lot about the multiple zones (5 I believe within FDN). Had a nice chat with Tim at the booth: - I asked if there were any concerns regarding the NGO's. We went through the maps, and how the project is accessed- in my opinion there absolutely no way NGO's will become an issue. There is no way for them to get at the property. Much of the roads leading in were built by ARU and cross many private farms. The farm owners are paid rent. Meaning their is no place for them(NGO's) to convene. ARU is the biggest employer in the area and has full support of the community surrounding them. - They changed Labs recently. Expect a much faster turnaround on assays going forward. I stand behind earlier posts in that we should get assays every two weeks going forward. - There is no doubt that there is a source of gold around El Tigre. I remain convinced that drilling this target will ignite the share price as we saw when drilling began at Las Arenas which sent us to $43. This is a much better target, fingers crossed on them hitting the source on one of the first two holes- that are already plotted. - They feel there is no problem with the new govt. They point to a number of events which include things like the recent payment of interest on their bonds. But more importantly, they felt that if the govt was not going to be mining friendly, they would have delayed their 2007 envirormental permit. They received said permit on time with no hassle, meaning business as usual. -talked a bit about the recent financing. Apparently they were approached with different backers proposing three bought deals. My understanding was that it was Institutional money looking to build positions. They've received no grief from the participants. It's impostant to note here that Aurelian did not go out and look for the money- the money wanted in and approached them. Most importantly was the feeling of confidence I got at the booth. Anyone who has ever been to the PDAC knows the feeling of the sales job you get at the booths. It's very sketchy and gets old very quick. Tim did not try to sell me at all on the play. Looked me in the eyes at all times. This is clearly a play that they are happy to let the drills speak for them. I need a nap...will post more as I remember it. Regards, buck

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