BNN Monday March 24, 2008

AURELIAN RESOURCES (TSE:ARU): gold is up significantly from August $650 to $1000 now pullback to $910 and the stock is barely up. The stocks that really went up were very large ones: Barrick, Kinross. Very few went up. People stayed away from non-producer, Aurelian is not producing yet but it has the best future mine. It has 13 million ozs in the ground, not proven but as a resource and they are drilling more and will find more. Only issue is Ecuador, political issues but my understanding at Sprott we had many meetings, we feel confident—could make a mistake—but we feel that political will be fine. This asset is worth multiple of what it is trading eventually…we bought all over the map, cannot tell you average cost. If I did not own it today, would buy, think it is core gold position.

AURELIAN RESOURCES VITALS
Closing Price March 25, 2008: $9.22Cdn
52-Week Range: $5.55-10.23Cdn
# of Shares Outstanding: 135 million
Quoted Market Value: $1.24 billion Cdn
% Institution Owned: 49.8%
Most Recent MD&A Mar 2008 download HERE

1yr Technical Chart

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