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: Acosta

Acosta

posted on Apr 04, 2008 05:34AM

two interesting points re the Soto article:

1) ARU is getting the "we don't need no big miner" message out to a wider biz audience at last, not just the in-house mining crew. Do I think they actually want to mine it themselves? No...but the message is getting louder.

2) and the most interesting; look at Acosta's changed position. Previously it was "no mining at all" or "no open pit mining". He's now retreated to a
"only 3 concessions per miner" stance. This is significant, and says a lot
about the type of backroom negotiations that might have been going on inside the assembly. As ARU is basically priced on FDN, it won't make much difference to them property-wise, and should be viewed as a big step forward. The green king is going to allow mining...no doubts.

The rest is padding.

 

 

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Apr 04, 2008 10:11AM
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