High-grade Ni-Cu-Pt-Pd-Au-Ag-Rh-Cr-V discoveries in the "Ring of Fire"
NI 43-101 Update (March 2011): 11.0 Mt @ 1.78% Ni, 0.98% Cu, 0.99 gpt Pt and 3.41 gpt Pd and 0.20 gpt Au (M&I) / 9.0 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inf.)
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Strike Graphite Corp. (TSXV:SRK) Acquires Wagon Graphite Project in Quebec in Vicinity of Timcal's Lac des Iles Graphite Mine *CLIENT Read More  |  Profile

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Message: NOT'S financial Advisor....

Noord aa
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Re: NOT'S financial Advisor....

posted on Nov 02, 09 02:08AM

If I remember correctly, ARU did a 4 for 1 split, if so, you need to correct the SP for that.

From Scarff's post:

"Aurelian shares in June 2006 where trading at $43 after the gold hit. They reversed to around $29 later. When Kinross made the offer in July 2008 of approx $8.20 per ARU share, a 63% 20 day average would have put ARU trading at about $14 a share. If I was a ARU shareholder I still would have been p'd off."

The $ 8.20 per ARU share would be after the split, so 8.20x4= 32,80

I know a lot of ARU shareholders were furious with Patrick Anderson, but maybe, with hindsight, the deal with Kinross was not so bad, given the political situation in Ecuador at that time.

Paul

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