All in my opinion, please do your own DD. Not investment advice.

No I'm still here, while I love CPQ, I still have a very large interest in Aurelian, so I'm here reading like the most of you, trying to figure it all out.

I'm not going to sit here and try to spin things. The announcement Friday shows nothing short of a complete lack of regard for foreign investment. Something that they will pay for dearly as it surely means no significant discoveries will ever be made in Ecuador going forward. I mean who in their right mind would pay even a penny for any company exploring in this POS country going forward?

But that said, something positive has been missed here. Back in February when we were first seeing versions of this mandate, two of the four proposals called for the complete revocation of all concessions and an all out banning of large scale mining. This if you will recall was why I thought so many insiders were unloading stock- I posted this at the time which talked to this point extensively, and it's something that I believe even more now:

Feb 16th:

http://www.agoracom.com/ir/Aurelian/...

We know that Acosta backed these extreme proposals. Against that we've have known from his speeches time and time again that Correa backs large scale mining. It seems to me that what we got was a compromise. Mining will indeed go forward, but to prove that it will be only done in the most socially, envireonmentally and economically friendly way to the state and it's people, I think Correa had to throw a bone to the extremists by showing that it will only go forward under the strict guidlines that the government puts together. To show it has teeth they would halt it now to show he's serious and make sure that development going forward only happens when the guidelines are put into effect.

As a compromise back I think Acosta was forced to agree upon the 180 day timeline which is very short. It beats the hell what Labrador did to our symbols uranium cousin TSX:AXU Aurora Energy earleir this month with a 3 year stoppage and the possibility of an all out ban. That stock coming off a $17 high found a low of $3ish the other week on that news.

Point I'm trying to make is that Acosta has backed down here also. He now acknowledges that mining will go forward. He looks like he will dig his feet in on the open pit issue, but I'll let the CTQ people fret over that as we're an underground small foot print project. If he wanted to create a real problem for mining he would have had the same mandate passed but with no 180 day time limit on the mining law. With no time limit he could have dragged the debate out for years, maybe even decades by throwing in technicality after technicality. Given the example from Labrador of 3 years, I think we should be thankful that it wasn't more than 180days we were staring at.

So Acosta will support mining. Correa supports mining. In 180days we find out how it will work. It's a f_cking drag for those of us that have been through this for so long that it feels like we're in the 10th round of a fight against Tyson in his prime. Emotionally I'm drained BUT I REFUSE TO LOSE SIGHT OF THE FACT THAT WE STILL OWN THE LARGEST HIGH GRADE UNDEVELOPED GOLD DEPOSIT IN THE WORLD. We know what we got, there has been no talk of the govt trying to take it and in 180 days we find out exactly what we're worth.

I n the mean time:

We should see assays in about a weeks time.

Followed by another set of assays in 6 weeks time for holes done up until we actually get the stop work call.

6 weeks after that we could hope for an updated 43-101.

which takes us to the half way point of the 180days.

It's my belief that we have enough holes done to formulate a prefeasibilty plan for FDN. I would like assurances from the company now, that if drilling does indeed cease, all efforts and expenditures going forward will be directed at the mining plan. If this goes right, we could easily have the prefeasibilty work completed by the time our suspension ends six months down the road.

Lastly, I believe that there is still a chance that we won't be forced to stop work. I believe as other posters and writers have noted extensively thoughout the last couple of days, there is room for interpretation in the language of Article 8. I don't for a second think they will let Aurelian slip through a loop hole in order to benefit the development of the project BUT I do think that the prospect of 400 unemployed Aurelian employees setting up camp in from of the govt buildings in Quito might be enough to have them make an exception. Like I said at the beginning of this, they obviously have no regard for us investors, but I would like to think they still give a sh_t about there own people.

I was a buyer at $5.15 late Friday. Like I've said in the ARU poll that Safe ran, my worst case for ARU is $12.50 a share. Dreams of $25plus may have died Friday, but a $12.50 to $20ish eventuality is a certainty in my opinion.

FINALLY A MESSAGE TO PATRICK - YOU MUST IMMEDIATELY LIFT THE 5% STANDSTILL ON ALL CONFIDENTIALITY AGREEMENTS. YOU OWE THAT TO US LOYAL SHAREHOLDERS. GET SOME BUYERS IN THAT HAVE MORE THAN A ONE WEEK OUTLOOK.

Regards,

Buck