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...

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