posted July 06, 2022 06:28 pm by inventors
(16)
Package an asset, get a third party to partner with, double dip on financing, bet against a failed forecast plan knowing the real costs, and allow it to go....? There is a reason why retail got
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posted July 06, 2022 05:59 pm by SilverPhD
(24)
Aurcana couldn't pay their loan, thus Mercuria will recoup their money through liquidation of assets. Pretty simple and it isn't fraudulent.
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posted July 06, 2022 07:33 am by inventors
(16)
Mercuria is the largest stakeholder, and who acted as lender to build what they already own...? When a $B stakeholder owns rights, $B banking owns the rest, betting against success...? Suggested
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posted July 06, 2022 03:29 am by Roxstar
(1)
Keep it real, Mercuria lent money and took security, it's what they do. Aurcana borrowed money and failed to develop a business. Mercuria will exercise their rights to recoup the money they loaned
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posted July 05, 2022 04:34 pm by inventors
(16)
Large $B company, history of trashing stock price from $50....? Mercuria may sell off parcel of non core assests, but how can they bankrupt gold in the ground...? There could be a fraudulent
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posted July 05, 2022 12:45 pm by SilverPhD
(24)
And my prediction was spot on. Sorry shareholders.
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posted July 04, 2022 07:26 pm by parahyangam
(49)
nobody is buying these shares just market makers pissing around maybe suck in a few day traders or computer programs
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posted July 04, 2022 06:51 pm by 65bear
(8)
We all know that there has to be a buyer for every seller.... who is buying up these Aurcana shares....
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posted July 04, 2022 06:44 pm by parahyangam
(49)
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
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posted July 04, 2022 06:07 pm by deet
(206)
I don't think anyone got played. It is what it is. Time to focus on our other asset in Texas.
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posted July 04, 2022 06:04 pm by Rockormen
(2)
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
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posted July 04, 2022 05:42 pm by deet
(206)
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
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posted July 04, 2022 05:07 pm by parahyangam
(49)
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
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posted July 04, 2022 03:44 pm by 65bear
(8)
Very sad indeed...but even sadder is,U still believe silver has a bright future 5 or 10 years from now maybe
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posted July 04, 2022 12:43 pm by NinetyFourOctan
(28)
With RV in Receivership Aurcana still has several million in loans other then what the owe to Mercuria they need to cover but can't now. It would not surprise me now if the other loan
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posted July 04, 2022 12:22 pm by ITch2BRich
(1)
NEVADA Gold Junior about to EXPLODE Upwards AAU NEVADA Gold Junior about to EXPLODE Upwards Anonymous Buying Everything last few sessions just raised $3.5 Million @$0.14
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posted July 04, 2022 11:56 am by ITch2BRich
(1)
RBC has been Buying Millions NET Plus 60 days RBC they know something RSF.v. recent Acquisition has current SP well
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posted July 04, 2022 11:46 am by Rockormen
(2)
But if they put the rv mine as security in their loan deal with mercuria the mine should be enough to pay their debt no?
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posted July 04, 2022 11:33 am by NinetyFourOctan
(28)
I was so hopeful for a deal.... My shares were in Canadian Market too so got double burned due to the long weekend where I could not down-average on Friday. See you on the next one.
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posted July 04, 2022 11:05 am by Rockormen
(2)
Wondering about the risk of liquidation/bankruptcy given these current issues... If they can avoid it I suppose there is some hope for the future?
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