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Message: Aurizon

Aurizon

posted on Jan 16, 2009 01:55PM

Aurizon produced 150k ozs in 2008, and their numbers are similar to SGR. 2 poperties in Quebec with 2.2M ozs inferred at Casa Berardi and 1.1M ozs at Joanna. Scott Wil=son Roscoe Postle did their updated resource estimation in 2007. 150,000 shares out and trading at $3.50.

Would make a good merger candidated on a 1:1 share basis based on the fact that we have more gold and higher grade. Production in 2009 could be 250-300k ozs. Would no longer be juniors. Add in the Timmins properties and they become a well balanced company with many years of prospects and production.

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