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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

Comment by uudamannon Oct 23, 2024 5:37am
102 Views
Post# 36277967

RE:RE:RE:RE:RE:Used to own this back in 2008 to 2010 or so

RE:RE:RE:RE:RE:Used to own this back in 2008 to 2010 or soCASHFLOW? 

WHAT CASHFLOW?

The 140 yr old Revenue mine since its re-activation in 2014 has not produced any revenues of any kind. In fact none since 1896 when the Sherman Silver Act was repealed by the US congress, that action crushing Colorado's silver ming industry out of existance.

The mill since 2014 was never fully commissioned. Not after 8 yrs of trying and millions down the hole.

The mine cave-in euphemistically described as a 'rock movement', occured Oct-Nov 2021. The Sept 1, 2021 corporate video, still extant on Aurcana's website, is a crock.

The entire Revenue mine saga was a giant boondoggle with paid stooges posing as miners. 

The mystery is. WHY? There was never any money to be made for investors.

Bill Power's claim he made trading the stock suggests Fortune Minerals, OSMI and Aurcana were calculated pump and dumps.

If so, Who was pulling the strings?



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