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 > Bullsiht .

<< Previous

Bullboard Posts

Next >>

Comment by Lifexprton Jan 20, 2022 2:55pm

130 Views

Post# 34338756

RE:RE:RE:RE:Bullsiht .

Rock slide set them back by 6 months. They need to cover the cash burn with reduced production (1/3) Until the high speed lift is operating, production is reduced and they are cash flow negative. What's there to not understand? Grades are excellent, concentrate is being polished out. You want more info call around, many people in Ouray have first hand info. Wait a few weeks and you will know more.

<< Previous

Bullboard Posts

Next >>

Rig Count Soars as Utilization Surpasses Industry Averages