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Message: KXL vs. ARU

Apr 10, 2008 03:31PM

Apr 10, 2008 05:39PM

I was digging around in the ARU history. Interesting vs. KXL. I haven't gone back to the beginning of ARU, but I can see that they had years - years - of good drill results like KXL's, and their stock price was a lot lower than ours.

Only then, in the summer of 07, when they could put together a 43-101, did the stock price soar. And it has stayed up ever since.

The had 5 or 6 drills turning at that point for a long time before then.

So I am putting that together with what Coach has said - that the timeline for a rise may be a lot longer than we think. Not that it won't happen.

ARU's deposit if of a different nature - hundreds of metres in all directions, of mid-grade ore.

Interestingly, their finances were not as strong as KXL's are. Any comments on ARU's history vs. our prospective one (leaving aside the obvious - e.g. ARU is in South America and a lot less handy to mine).


Apr 11, 2008 11:29AM

Apr 11, 2008 02:28PM
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Apr 11, 2008 08:57PM
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