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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

Post by andre171on Jan 01, 2023 8:36am
617 Views
Post# 35198878

End of hope in 2023

End of hope in 2023
What else can we expect from Auracana Silver for 2023? This year could be the year of the end, but possibly also the year of relative hope!
However, as 656bear wrote "Let's not forget this was supposed to be the richest silver mine in the US with complete infrastructure in place"!
This mine had just started production and the rock incident should be able to be resolved quite easily. Virginius (and Aurcana) therefore has a certain value and should be valued accordingly despite the funding problems! It is surprising that nothing moves on the legal level as on that of a recovery. Either the indifference is real because this mine is not promising as it was presented to us by the management, or the interest should appear shortly. What is certain is that, unfortunately, nothing suggests a rapid resumption of operations.
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