Aurelian Resources Inc's new board members aren't exactly getting the stamp of approval from investors on Monday. The stock fell almost 6% in morning trading following the announcement that Colin K. Benner, vice chairman and CEO of Skye Resources Inc. and Jon A. Douglas, senior vice president and CFO of Northgate Minerals Corp. were appointed to Aurelian's board of directors, effective March 31, 2008.

Despite the initial reaction of shareholders, BMO Capital Markets analyst John Hayes considers the appointments a potential positive for the company.

Quoting William Fisher, Aurelian's chairman, Mr Hayes noted to clients that Mr. Benner and Mr. Douglas will bring development, finance and production expertise to the company's board.

Mr. Hayes also noted Mr. Fisher's comment that Aurelian's management team and board continue to evolve in preparation for increased demands and responsibilities as it makes the transition from advanced exploration to development of its Fruta del Norte deposit.today after the company.