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Bullboard - Stock Discussion Forum Aurcana Silver Corp V.AUN

Alternate Symbol(s):  AUNFF

Aurcana Silver Corp is engaged in the exploration, development, and operation of natural properties. The company's reportable segments are Ouray Project, Shafter Project, and Corporate and other segments. The company's project includes Revenue-Virginius Mine and Shafter silver property.

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Yes it is...

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...read more

RE:Re: Mercuria

Aurcana couldn't pay their loan, thus Mercuria will recoup their money through liquidation of assets. Pretty simple and it isn't fraudulent.  rate and reply

A PROJECT OF THIS SIZE AND QUALITY RARELY BECOMES AVAILABLE

IPO FINANCING OPEN. Common shares that are purchased through the brokered IPO become free trading the day Heritage Mining goes public, there is no holding period. The flow-through units are 100% tax deductible. In addition to the income reduction benefit, investors may be eligible to receive a 15-30 per cent tax credit. Flagship historical results include 8 Tonnes @14g/t Au & 4 Tonnes @18g/t Au ...read more
@ the Bell: Major markets slip, fall & flatten as commodities drop on recession worries
Canada’s resource-heavy main stock index fell on Wednesday as weakness in oil and metal & mining prices weighed on commodity stocks amidst growing fear of a global recession.The energy sector... read article.

RE:RE:Re: Mercuria

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...read more

RE:Re: Mercuria

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...read more

Re: Mercuria

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...read more
@ the Bell: Commodities drag TSX stocks lower as recession fears grip global markets
Canada’s main stocks index slid more than 1 per cent on Tuesday, following up a bigger market selloff as global recession worries came to the forefront, while energy stocks dipped along with oil... read article.

RE:RE:RE:RE:Worse Aurcana CEO Drover vs. Rodriguez

And my prediction was spot on. Sorry shareholders.  rate and reply

RE:RE:RE:RE:hmmm

nobody is buying these shares just market makers pissing around maybe suck in a few day traders or computer programs  rate and reply

RE:RE:RE:hmmm

We all know that there has to be a buyer for every seller.... who is buying up these Aurcana shares....  rate and reply

RE:RE:hmmm

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...read more

RE:RE:hmmm

I don't think anyone got played. It is what it is. Time to focus on our other asset in Texas.  rate and reply

RE:hmmm

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  rate and reply

RE:hmmm

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...read more

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...read more

RE:RE:RE:RE:Liquidation?

Very sad indeed...but even sadder is,U still believe silver has a bright future 5 or 10 years from now maybe  rate and reply

RE:RE:RE:Liquidation?

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...read more

🇺🇸 NEVADA Gold Junior about to EXPLODE 🧨 Upwards AAU

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...read more

RBC has been Buying Millions NET Plus 60 days 🧨🇺🇸🧨 $0.02

RBC has been Buying Millions NET Plus 60 days RBC      they know something   RSF.v. recent Acquisition has current SP well...read more

RE:RE:Liquidation?

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?  rate and reply

RE:Liquidation?

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. ...read more

Liquidation?

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?  rate and reply