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Bullboard - Stock Discussion Forum 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... see more

TSXV:AUN.H - Post Discussion

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Post by parahyangam on Jul 04, 2022 5:07pm

hmmm

what are you getting at?

"did this mine really have good potential or was it a deception by the management?"

Aurcana paid Powell to promote the mine. Powell then sold his shares after pumping the story line. He made a profit. He admits this after he sold and then tells his viewers they had the same chance. So tough luck suckers if you swallowed my sh$t. WOW! 

Since 2011 four corporate entities invested 120 - 140 million USD and produced NO silver. Star Mines, Fortune minerals, OSMI and Aurcana.

If that was not a warning sign then nothing is. 

IF this was a deception what did Mercuria get out of it? DId they walk in with blinders on?
Comment by deet on Jul 04, 2022 5:42pm
Mercuria now has to operate the mine themselves....or put it up for sale.  Let's forget about the RV mine. It ain't ours anymore. There is still a ray of hope. We still own the Shafter project in Texas. Maybe Kevin Drover can still pull a rabbit out of a hat. Hope is all we have left now.
Comment by Rockormen on Jul 04, 2022 6:04pm
Mercuria is probably the biggest looser here if what youre saying is true, maybe they got played by aun? Hope they pull a similar stunt with their other mine so I can get out
Comment by deet on Jul 04, 2022 6:07pm
I don't think anyone got played. It is what it is. Time to focus on our other asset in Texas.
Comment by parahyangam on Jul 04, 2022 6:44pm
The biggest loser is Lascaux Financial. They lent Fortune minerals 35 million and advanced another 20 million to their wholly owned Ouray Silver Mine Inc (OSMI), the successor to Fortune MInerals, for the purpose of further 'development'. Lascaux was the biggest shareholder in Aurcana and their two principals sat on the AUN board until they resigned last week, Rothstein and Kaplan. In ...more  
Comment by 65bear on Jul 04, 2022 6:51pm
We all know that there has to be a buyer for every seller.... who is buying up these Aurcana shares....
Comment by parahyangam on Jul 04, 2022 7:26pm
nobody is buying these shares just market makers pissing around maybe suck in a few day traders or computer programs
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