TSXV:AUN.H - Post by User
Post by
Baer1on Oct 18, 2012 10:00am
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Post# 20497460
AUN banking silver?
AUN banking silver?
So, production up 54%, sales up 37%. Does that mean that AUN is holing some silver back waiting for higher prices? Smart move if so, and will add to future revenue when actually sold. It makes a lot of sense to bank part of production at this time.
- Aurcana continues to produce record results. Q3, 2012 silver production was the largest silver volume in Aurcana's history producing 54% more silver than in Q3, 2011.
- Silver sales increased to 323,825 oz. in Q3 2012 compared to 235,981 oz. in Q3 2011, an increase of 37%.