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Aurcana Silver Corp V.AUN.H

Metals & Mining Silver
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 Shafter silver property (the Shafter Silver Project or Shafter), located in Presidio County, Texas and held Aurcana Silver Corporation. The Revenue-Virginius mine is located in southwestern Colorado about 5.5 miles southwest of the town of Ouray. Access to the mine site is via County Road 361. The Shafter Silver Project, which is 375 miles southeast of El Paso, in Presidio County, southwest Texas, within a historic mining district.


TSXV:AUN.H - Post by User

Aurcana Silver Corp > Mercuria Energy Group Ltd locks in the deal
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Comment by NinetyFourOctanon Oct 24, 2020 6:54pm
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Post# 31777405

RE:RE:RE:Mercuria Energy Group Ltd locks in the deal

RE:RE:RE:Mercuria Energy Group Ltd locks in the dealThe bottom line is funding is in place which is huge considering it happened in the middle of a pandemic. If all goes well this loan will be paid off (or replaced by on with better terms) years before it is due anyways. We are looking at at least two to 5 years of monster returns as the price of silver has really just started to rise. Any "serious" production by junior explorers is at least two to three years out before coming on line and competing with Aurcana. Aurcana RV is in a very unique situation having a proven, established and modernized mine with huge future potential expansion (B.G.).
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