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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.


CSE:AUAG - Post by User

Comment by checkingiton Jan 06, 2022 10:51am
91 Views
Post# 34288977

RE:Watch the money

RE:Watch the moneyI hear you. Its no surprise ... here's my take on it all. This company is the poster child for what is wrong in the Junior mining industry. It keeps on making promises and releasing factually incorrect and misleading news. Look at the recent flow....engaging in purchase/sale of minerals, picking up new property, pending 43-101 all over the world ... but not a single piece of actual qualified information relating to any of this on the webs site or otherwise released. They just keep dropping a new release when the stock seems to fall a bit .... so that the insiders can continue to bleed out their stock and excerise their options. The management's record is atrocious and the QP is anything but that; signing off on releases which discliamers that basically mean you signed off on nothing. Its worth your while checking the internet on the QP and on the management. You might be surprised what you'll find .. and ask yourself why some of the corporate relationships are being buried. I'm still waiting patiently for a follow up on basically everything promised or engaged in the last year. .... and of course no correction on the incorrect sample results and poor misleading intrepretations. Thats why I'm so curious to see the promised 43-101. I cant see any QP writing one based on what I've seen so far. If there is more relevant factual info then let the shareholders in on it! Other than that, I guess we will see it go quiet once the insiders have fully realised their shares. Lets see if this company can turn things around with integrity and give the shareholders a chance in this very good market.
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