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Auxico Resources Canada Inc AUXIF


Primary Symbol: C.AUAG

Auxico Resources Canada Inc. is a Canadian company engaged in the acquisition, exploration and development of mineral properties in Colombia and Bolivia. The Company is focused on the development of properties and projects hosting critical minerals and high-value metals, including niobium, tantalum, platinum group metals, such as platinum and iridium, and rare earth elements. The Company holds mineral and surface rights to the Minastyc Property located in the municipality of Puerto Carreno. It has surface rights to over 1,482 hectares of land between two adjoining properties: Agualinda and the Minastyc property. The Company has an 85% interest in Empresa Minera El Benton S.R.L., which holds the mining title and rights to the El Benton Mine and adjacent Monte Verde concessions.


CSE:AUAG - Post by User

Comment by checkingiton Jan 06, 2022 10:51am
116 Views
Post# 34288977

RE:Watch the money

RE:Watch the moneyI hear you. Its no surprise ... here's my take on it all. This company is the poster child for what is wrong in the Junior mining industry. It keeps on making promises and releasing factually incorrect and misleading news. Look at the recent flow....engaging in purchase/sale of minerals, picking up new property, pending 43-101 all over the world ... but not a single piece of actual qualified information relating to any of this on the webs site or otherwise released. They just keep dropping a new release when the stock seems to fall a bit .... so that the insiders can continue to bleed out their stock and excerise their options. The management's record is atrocious and the QP is anything but that; signing off on releases which discliamers that basically mean you signed off on nothing. Its worth your while checking the internet on the QP and on the management. You might be surprised what you'll find .. and ask yourself why some of the corporate relationships are being buried. I'm still waiting patiently for a follow up on basically everything promised or engaged in the last year. .... and of course no correction on the incorrect sample results and poor misleading intrepretations. Thats why I'm so curious to see the promised 43-101. I cant see any QP writing one based on what I've seen so far. If there is more relevant factual info then let the shareholders in on it! Other than that, I guess we will see it go quiet once the insiders have fully realised their shares. Lets see if this company can turn things around with integrity and give the shareholders a chance in this very good market.
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