TSXV:AUN.H - Post by User
Comment by
deeton Jun 07, 2022 9:40am
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Post# 34736583
RE:RE:Mining activities ?
RE:RE:Mining activities ?parahyangam wrote: NOTHING IS GOING TO HAPPEN.
THERE HAS BEEN NO OPERATING MINE SINCE THE 1890'S. THAT MINE EXISTED BRIEFLY ONLY BECAUSE OF US CONGRESSIONAL SILVER SUBSIDIES.
STAR MINES, FORTUNE MINERALS, OSMI AND NOW AURCANA HAVE SPENT OVER 100 MILLION SINCE 2011 TO GET A MINE GOING.
THERE HAS BEEN NO SILVER PRODUCTION TO SPEAK OF.
REVENUE-VIRGINIUS MINE IS A NARROW VEIN MINE WITHOUT GOLD TO MAKE IT VIABLE.
Wrong....according to this article from 2020. Only $8 bucks an ounce to get the silver out of the ground.
https://stockhouse.com/opinion/independent-reports/2020/01/09/world-s-highest-grade-silver-mine-targets-q4-2020-production