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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: AuBug who wrote (23764)	10/28/2006 4:45:43 PM
From: John McCarthy	Read Replies (1) \| Respond to of 78408

DJE just my opinion but that was a GREAT post ... and Thanks. some DUMB questions OK? (a) Exactly WHEN will they have a news release saying that production for the quarter was 5,000 oz. (ain't lookin for perfection - just your best thoughts) (b) I'm beginning to hate NI 43-101 in that its akin to have to gettin an FDA approval on drug so and so ... meaning ... IT TAKES FOREVER .... that said, would it be too SEVERE for me to think that the NI 43-101 thingie is (at least) a year away from now? regards, John McCarthy

To: AuBug who wrote (23764)	10/28/2006 11:14:31 PM
From: Gib Bogle	Read Replies (1) \| Respond to of 78408

I thought P/E was irrelevant for pricing miners.

To: AuBug who wrote (23764)	10/30/2006 11:56:19 PM
From: baystock	Read Replies (2) \| Respond to of 78408

>In general everything seems to be going exactly as planned. At 20,000 ounces/yr x $400/oz = $8 million profit/yr within the first year with the production rate scaling up each year. With 49,645,721 shares out and a P/E = 20 this implies a stock price of us$3.22. < After a quick search I can't find anywhere on the company website where they state that AUQ owns 100% of El Sastre production. As of Feb 2004 they were working to earn into 50% of this project. Can you point me to a link showing when their stake in this project increased to 100% ? I must admit to being puzzled that there is not a single mention anywhere that they actually are entitled to 100% of El Sastre's 20,000 oz production. auroginresources.com >Aurogin must spend $1 million by August 2005, make payments of $190,000 and issue 650,000 shares by December 2006 to earn a 50% interest in the project. <