TSXV:AUN.H - Post by User
Comment by
zzthnxon Mar 04, 2010 8:53pm
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Post# 16845598
RE: RE: Aurcana Appoints Financial Advisor
RE: RE: Aurcana Appoints Financial AdvisorNice DD, JonE. Looking at their website and seeing the array of services that Auramet offers, I'm wondering if something is in the works similar to the deal that Timmins Gold worked out with Sprott Asset Management wherein they secured a $15 million loan to be paid back in gold bullion from the production from their San Francisco mine. That would be ideal for AUN:
Physical Metal Merchant
As a physical metals merchant Auramet is involved in:
- Buying from producers including mining companies, refineries and recycling companies.
- Selling metal to consumers including the industrial, automotive, jewelry and dental industries.
- Provide pricing and price protection products (hedging) for all industry participants (producers and consumers).
Merchant Banking
Auramet's merchant banking activities include the following financingfacilities for customers including:
- Working capital facilities, in-process refining facilities, pre-production advances, bridge facilities, pre-export financings.