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Aurcana Silver Corp V.AUN.H

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

Comment by andre171on Oct 22, 2021 8:35am
168 Views
Post# 34036562

RE:RE:RE:RE:RE:RE:RE:RE:RE:Time for Drover to go.

RE:RE:RE:RE:RE:RE:RE:RE:RE:Time for Drover to go.Like you, I think that this last dilution of capital is less important than the evolution of production. Can I ask you what are your expectations in terms of volume, in ounces produced, first for the month of October and then for the 4th quarter of 2021? The credibility of the management will be judged on these volumes it seems to me! Drover's statements have raised high expectations (including cash flow of 50M in 2022 and production of 6M ounces for Virginius in 2022-23) and a disappointment in this regard would be far more detrimental to the share price than the last dilution of capital, it seems to me!
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