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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 Spankieon Dec 22, 2021 10:02am
147 Views
Post# 34254074

RE:RE:You know what's a sign of a good company...

RE:RE:You know what's a sign of a good company...All of this talk is speculation. We know a few things. 1. The resource is good, permitted and in a top tier jurisdiction. 2. That there was a minor issue with a slope, it should be very close to a resolution now. 3. The company is and still is producing and refining ore. 4. Most recent warrants place the anticipated stock price 100% higher than the current share price. 5. Silver and copper should be designated as essential for the coming transition to a greener future.

I would be pretty surprised if management actually needs to get additional funding at the market. I would assume that a credit facility would be much easier for the company to pull off now and would prevent them from having to dilute. Which really shouldn't be needed if the company has good management.

just my two cents worth.

dyodd
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