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.

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Aurcana Silver Corp > Cap. 27M : NPV 109M

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Comment by Lifexprton May 16, 2022 1:30pm

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Post# 34686739

RE:RE:Cap. 27M : NPV 109M

You aren't seeing value. You are forgetting existing loans, the need for additional $20 million to complete the project. The removal of past hedges (some production was hedged at $24+). There are two ways this ends. One is mercuria takes over and shareholders get nothing, second a large investor swoops in and buys them out for a anywhere from .10 to .15 cents. You can either loose your money and double it. I would not play such high stakes games here.

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