TSXV:AUN.H - Post by User
Comment by
NinetyFourOctanon Jun 27, 2022 10:35am
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Post# 34784386
RE:RE:RE:RE:RE:Stakeholders
RE:RE:RE:RE:RE:Stakeholders No panic selling this morning as expected. The actual value of the assets has not changed, only the perceived value for the moment.
Bankrupcy makes no sense unless Mercuria were to force the issue which is not at all in their best interest as they too would loose more than they would working this out some other way.
Given the serious thread posed by the pending recession, both Gold and Silver will shine and lead the way into what will be a long and difficult recovery due to the serious thread of stagflation (out of control inflation with no growth, or worse contraction).
The departure of the two directors on Friday may be just the preparation for a sale or merger where whoever buy/merges willl want to bring in their own people.
Bottom line: Aurcana Assets continue to be majorly undervalued at the current price due to all the uncertainty, this will clear up hopefully sooner than later.