Aurelian Resources Was Stolen By Kinross and Management But Will Not Be Forgotten

The company whose shareholders were better than its management

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Message: Re: Perfect Storm...Spin-off Sale--As an Investor in ARU
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Feb 02, 2008 12:42PM

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Feb 02, 2008 01:02PM
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Feb 03, 2008 06:11AM
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Feb 03, 2008 12:38PM

As an investor in ARU the worst thing ARU could do ( IMHO) is to sell the asset without putting it into another company. All the money they received would be taxable ( In Ecuador as well as Canada) ...at whatever the corporate rates are and there would be a lot less left over for distribution ( as dividends) and they would have to keep a lot of money to explore the rest of the property..

IMO this is not a smart alternative....

The best deal would be to sell the stock of a company that holds FDN whether you get stock or cash for it....

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