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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

Comment by TechOneon Dec 12, 2020 3:24pm
230 Views
Post# 32093894

RE:RE:Restart of RV confirmed, start-up funding finalized

RE:RE:Restart of RV confirmed, start-up funding finalized Certainly a higher risk play since interest rates are too high in today's environment and production startup have to progress smoothly .. And POS has to stay high enough etc. 

Let's see if the projections and the management are up to par.. Early next year I am going to decide whether to hold or fold .. Taking a loss here is going to hurt but rotating into more sure thing is always an option.. 

FWIW 
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