Aurcana Silver Corp V.AUN.H

RE:Been watching

[Spankie]

Any interest raise will have an effect on a stock. This one is no different, although aun does have a fair amount of debt. Anything that they do to aquire the funds they need to keep the creditors at bay will be most likely effected as well. The opportunity for finally turning the ship litterally collapsed on them. Then the axe fell on the COO and he vacated the property as fast as he could. Im sure he is working at a mcdonalds right now.

Having said this. This is a good mine, in a good jurisdiction and it could make money should management stop bumping into one another like clowns in the circus. There is the possibility of doing something with shafter to upright the ship on this. If they can actually hit the targets with the lift then there is a possibility this wont go under. 

Inevetably we will know what happens very soon. There should be an update on the lift and from the consultant they hired to find the best path forward. Personally, I hope they simply sell it all to a much more capable party. But I do believe in the mine, demand for the product will exponentially increase.