TSXV:AUN.H - Post by User
Comment by
Roxstaron Jul 03, 2022 5:51pm
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Post# 34798267
RE:Is there any hope left ?
RE:Is there any hope left ?No hope. Who would buy Aurcana? We know about the Mercuria debt, what about the debts we don't know about such as to suppliers and employees etc. The only possible very slim hope is that someone sees value in the tax losses but then again, for the tax losses to be of value you have to make a profit and I can't see how such a narrow vein with ~19th century access tunnels is ever going to make money at current silver prices.