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

The company whose shareholders were better than its management

Free
Message: Short Term Bonus for American ARU Buyers

Short Term Bonus for American ARU Buyers

posted on Mar 21, 2008 07:43PM

As one of the three or four American Investors on this ARU board I watch with amazement what the FED is doing to prop up the dollar. Although I don't think that is their main reason the affect on the dollar ( for the short run IMHO) is to give us Americans who believe that the dollar is really headed back into the toilet a chance to use the exchange rate to buy more ARU or whatever your favorite Canadian stock is at better prices.

It was not very many months ago that the Loonie was worth $ 1.10 US dollars and today it ( the Loonie) is down to $ .977. Because of this Americans have been able to get ARU stock a lot cheaper then in the past few months. I do not think it will last but I sure do enjoy being able to pick up more ARU in the $ 8.50 to $ 8.90 US range. I don't think it will take longer than a month before we are back to parity and eventually back to the $ 1.10 range.

Share
New Message
Please login to post a reply