Aurelian Resources Inc.

TICKER: TSX:ARU

WEBSITE: www.aurelian.ca/

"The Gold Report: 'What do you make of Kinross’ ( Kinross Gold Corporation (TSX: K; NYSE: KGC) proposed acquisition of Aurelian Resources Inc. (TSX: ARU)? Do you think that’s going to be the beginning of more of these junior non-producers being picked up at these two-year low prices?

RMoriarty: Absolutely. The majors have consumed their young and recognize that they have a 10-year reserve life right now, and they don’t have anything after that. So, they have to go out and buy reserves, and that’s just a start. There are a lot of juniors that are on the ropes now. Now, Aurelian happens to be a really good company in a really good project in a bad country, but there are lots of juniors that are in trouble." (8/8/08)
- 321Gold.comThe Gold Report Interview with Bob Moriarty