Ben Kramer-Miller
Gold & precious metals, macro, research analyst, deep value

Aureus Mining: The Sell-Off Is Overdone, Shares Have 30% Near Term Upside

(Note that Aureus Mining shares are illiquid on the OTC market and on the Toronto Stock Exchange. Investors are encouraged to buy the shares in London if they can under the ticker LON: AUE.)

An Overview of Aureus Mining

Aureus Mining (OTC:ARSMF) is a development stage gold mining company in the process of constructing its New Liberty Mine in Liberia. The company is fully funded, and it has locked in most of its costs, which puts it in a solid position to get into production on budget without further diluting shareholders. The company's New Liberty Project is set to produce over 100,000 ounces of gold per year for 8 years at an average cost of $850/ounce. Given the...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details