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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 deeton Jun 01, 2022 11:47am
143 Views
Post# 34723495

RE:RE:RE:latest news

RE:RE:RE:latest news
andre171 wrote:
NinetyFourOctan wrote:

I think the extension to June 3rd is a positive development.


This 4-day extension also seems to me to be a good omen. Indeed, it would have no meaning if the possibility of an agreement no longer existed!


I agree.  I think that news is imminent....hopefully good news that b enefits shareholders. Why agree on a 3-day extension if there is nothing at all to report?

I bought this stock without realizing that financing is an issue. I thought that once they take care of the access troubles (by the end of May, they said), the mine would continue to operate at full capacity. Didn't think they'd lay everone off and shut the mine down completely.

Anyway...the damage is done, the stock is pretty well worthless now...and we either go up or belly up from here. It's crunch time.

deet





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