This article is about AuRico Gold (NYSE:AUQ). AuRico Gold is a gold mining company that has a market capitalization of roughly $1.25 billion. It currently produces gold at two properties: Young-Davidson in Canada, and El Chanate in Mexico. In addition to these producing properties it owns and is in the process of exploring the Kemess Underground project in British Columbia, and it has a small joint venture project called Orion with Minera Frisco.
The company currently produces around 200,000 ounces of gold annually, most of which is produced at the Young-Davidson mine. The rest comes from El Chanate. Once the Kemess Underground project goes into production it should add about 100,000 ounces of production.
It is my contention...
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