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 > Mercuria

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Comment by Roxstaron Jul 06, 2022 3:29am

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Post# 34804167

RE:Re: Mercuria

Keep it real, Mercuria lent money and took security, it's what they do. Aurcana borrowed money and failed to develop a business. Mercuria will exercise their rights to recoup the money they loaned Aurcana, it's that simple.

The stock is going to Zero and it will no longer exist or at best Aurcana will be reconstructed and existing shareholders will be rolled into a recapitalized structure where they will own a very very small percentage of the company.

Anyone that knows anything about this sort of stuff would have seen this happen many times before, it's called the consequence of failure. Current shareholders placed their bets on the wrong team and lost the bet. GAME OVER

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