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 > Auxico Resources is making a splash in the rare earths world

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Comment by Luckierjack2on Oct 19, 2022 7:02am

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Post# 35033098

RE:RE:RE:Auxico Resources is making a splash in the rare earths world

if you call one guy selling 4.8 million shares over the past 12 months out of a total share count of 71 million a very small truck load, then maybe you are right. To me 6.8% is a big number.

Let's not forget the stock is down 56% in the past 12 months.

LJ

maryhill wrote: Lumberjack is talking about a very small truck.

Only one guy that runs his own fund and is turning every stone to scrape up cash to prop up its share price is selling.
The New CEO, Haywood, National Bank have all been buying since late September.
Know what you own !

Luckierjack2 wrote: The insiders sell this by the truckload.