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Aurcana Silver Corp V.AUN.H

Aurcana Silver Corporation is a Canada-based company, which is engaged in the exploration, development, and operation of natural resource properties. The Company’s development properties are the Revenue-Virginius mine (the Revenue-Virginius mine or Ouray), located in Ouray Colorado and held through the Company’s 100% owned United States subsidiary, Ouray Silver Mines, Inc. (OSMI) and the Shafter silver property (the Shafter Silver Project or Shafter), located in Presidio County, Texas and held Aurcana Silver Corporation. The Revenue-Virginius mine is located in southwestern Colorado about 5.5 miles southwest of the town of Ouray. Access to the mine site is via County Road 361. The Shafter Silver Project, which is 375 miles southeast of El Paso, in Presidio County, southwest Texas, within a historic mining district.


TSXV:AUN.H - Post by User

Bullboard Posts
Comment by samtheshamon Oct 19, 2013 10:12am
198 Views
Post# 21830155

RE:RE:RE:RE:RE:Mariusz Does Aurcana

RE:RE:RE:RE:RE:Mariusz Does AurcanaHi Matt...

Is it possible that during the next conference call someone direct a couple of questions to Lenic and associates as to what cost containment measures have been put in place on the administrative side of the business both at La Negra and Shafter?  How much will the measures (if there are any) save the company during ths period of declining silver prices?  I understand that there may have been efficiencies put in place on the operating side of the business but what thought has been put into finding efficiencies on the administrative side?

Many companies are announcing significant reductions in administrative costs as a result of the economic environment... I would be interested to know if Aurcana has tightened their belt at all?

Sam...
Bullboard Posts