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Gold/Mining/Energy : AURC - Aurus Corporation -- Ignore unavailable to you. Want to Upgrade?

To: rrufff who wrote (269)	12/8/2006 11:40:00 AM
From: creede	Read Replies (1) \| Respond to of 318

Yeah, I wasn't being serious about the Russian McNuggets, I was just trying to keep the rumor alive! And......here we are again so very quickly.....waiting for filings. But, that's o.k. If what they say comes to fruition, then what would the pps be if they actually have an EPS of $2.00 per share? (See, right now what I am doing, would be considered by some as touting.) The Company reports that it expects annual revenues of USD 300 million from its three properties by end of fiscal 2007 and when consolidated with the companies other reserves annual revenues are estimated to reach $700 million by fiscal 2009. In addition, the low production costs in the federation of Russia permits profit margins which exceed the world standard, whereby the company estimates earnings per share to reach $2.00 by the same period. So right now, they have me expecting earnings sometime in 2007. If they come anywhere close to that $2 then I think it would be safe to say that the pps would be at least $20.00 even if we were still pink. But what if they proved the $2 pps, and they were fully reporting? What would the multiplier be then? 20x, 30x, 40x? I would have to guess then that the pps would be more like $50.00 per share. I said all that to say this. All I need is a few shares to see what happens. I do not need to put lots of money in this stock to do VERY WELL if they come through with what they say. On another positive note, I think the long drought without news of this kind is a very good thing. Rrufff, you and I have been in this one over a year now. Seems to me if they were in this just to sell shares, then yesterday's release would have been a lot better timed about 9 months ago when everyone was so high on this stock. But as I have learned from LBWR, building a business takes time. And 1 year later does feel about right. (tout over, now here comes a cup of bash) On the other hand, this is what I now expect. Furthermore, the Company states that its after tax net revenue projections exceed all expectations. Mr Dovgan, its president, states, "The low cost of mining the accessible rare earth minerals as well as the ore shall produce net revenues that shall be superior to the evaluations previously forecast by its geologists. We certainly can afford to pay dividends to the investors." The Board of Directors will be announcing within 3 days the dividend which shall be granted to its shareholders. Furthermore, the Company is preparing its financial information in order to become a fully reporting issuer for the first quarter of year 2007. Mr. Dovgan adds, 'Our investors shall have access to the production figures which will reflect the Company's growth.' They have given us something to look forward to, and no matter what the handy dandy disclaimer says, I expect this stuff to happen reasonably close to the self-imposed deadlines. If they don't do it, and seem to run us in circles, I will probably decide that imo they are not shareholder friendly, and well......get my monies worth....so to speak. GodBless-NoDoubt creede