Auxico Resources Canada Inc C.AUAG

Alternate Symbol(s): AUXIF

Auxico Resources Canada Inc. is a mineral exploration company with silver-gold properties in the state of Sinaloa, Mexico. The Company is engaged in exploration mining opportunities in Colombia, the Democratic Republic of the Congo (DRC), Brazil and Bolivia. It holds a 100% interest in the Zamora Property (Mexico), which is host to over 15 historical mines and workings, stretching along a six kilometers northeast-southwest trending structure southeast of the city of Culiacan. Its Massangana tin tailings project has an estimated 30,000,000 tons of tailings averaging 2.83% total rare earth oxide content. It has acquired the surface rights to 1,482 hectares of land between two adjoining properties: Agualinda and the Mynastic property. It holds mineral and surface rights to the Minastyc Property located in the municipality of Puerto Carreno. Its subsidiaries include Auxico Resources S.A. de C.V., C.I. Auxico de Colombia S.A, Sociedad Minera Auxico S.A.S and Minera Auxico Bolivia S.A.

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Auxico Resources Canada Inc

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Post by geezer21on Jun 09, 2022 10:26pm

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Post# 34745961

Jeff Currie: No Capital Influx Into Commodity Supercycle Yet

This applies to gold miners also.

Goldman Sacks Jeff Currie head of global commodities research says it is just the beginnings of the commodity supercycle due to a decade of under investment that resulted from misallocation of capital (think of money printing here).

A short interview well worth the listen. Currie is someone to pay attention to.

https://www.youtube.com/watch?v=EaFhl9kG3_U

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Canadian security stock unveils public offering and partner investment