Aurcana Silver Corp V.AUN.H

Bullsiht .

[9rookie]

Any company that operates like this is a Bullsiht Company , can hardly wait to get out.

[Lifexprt]

What? And why? You are restarting the mine, there are delays, you need more funds for contingencies, who do you ask for money first existing shareholders and insiders or finance companies? This is how it goes down. Prospects are getting better with each day with rising silver prices. They hedged almost 30% of production at $25 anyways for security. You don't like it sell. I can guarantee you

[cartpathcarl]

IMHO... there are games being played.... why is there a massive ask at .355 with silver where it is and all the rah rah speak from the company... who would be selling at such prices...this is Bull$hit ...we'll be cash flow positive by year end... ...oops we had a 'rock incident' ...raising money with more shares ...did we say Februaury? We meant May. ..we are sending the first

[andre171]

You are absolutely right, we would need numbers, precise and quantified answers in particular for the production carried out and for the possibilities of financing by the cash flow and the eventualities of additional dilution of the capital! This is why I questioned the management, but they did not deign to answer me. If a priori the rock incident does not alter the intrinsic value of Aurcana

[Lifexprt]

Rock slide set them back by 6 months. They need to cover the cash burn with reduced production (1/3) Until the high speed lift is operating, production is reduced and they are cash flow negative. What's there to not understand? Grades are excellent, concentrate is being polished out. You want more info call around, many people in Ouray have first hand info. Wait a few weeks and you will know

[Lifexprt]

Don't forget that mine is ouray's largest employer, people want it to succeed. But people talk and the info isn't that hard to come around this day and age.