HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Aurelian Question

I was not affected as I came to the party too late. Thank goodness. I monitored ARU for several months and posted as and when I felt it was necessary.

Basically, they found a very large lump of gold, Kinross personnel were already monitoring them and had people in situ. Tye Burt, CEO of Kinross totally out flanked the ARU weak board and offered them personally an attractive deal. They accepted and sold their principles for money, relevent drilling results not reported, etc., etc..

The shareholders received in the region of $5 per share instead of $20 - $60. Some of these people had been holding these shares for some years. Kinross, monetarilywise, have done well but this episode will come back to haunt them as they have proved that they do not consider retail shareholders as relevent.



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