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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 Lifexprton Mar 25, 2022 2:33pm
117 Views
Post# 34546434

RE:Shorters

RE:Shorters
You dont want to be short here, this could be taken out anytime. Just stating the obvious taken from recent news release about needing to secure $25 million by May 31. There are funding pressures causing this to slide but keep in mind Mercuria did not close on the loan but allowed restructuring, CEO participated on the last placement to the tune of $500k and the silver is definitely there, grades far better than we know. There are cash and production issues that should be resolved within the next 2-3 months. Nonetheless it will probably drop lower in short term.
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